From: Chinese shareholders’ reaction to the disclosure of environmental violations: a CSR perspective
Event date | Estimation window | Event window | Average | P value |
---|---|---|---|---|
event_date_n | (−180,-30) | (−1,1) | −0.903% | 0.041** |
event_date_n | (−180,-30) | (−1,2) | −1.082% | 0.038** |
event_date_n | (−180,-30) | (−2,2) | −1.038% | 0.064* |
event_date_n | (−180,-30) | (−5,5) | −0.981% | 0.255 |
event_date_n | (−180,-30) | (−10,10) | −0.128% | 0.915 |