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The impact of the WARN Act on firm value

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  • Alexander, John Jr.
  • Spivey, Michael F.

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  • Alexander, John Jr. & Spivey, Michael F., 1997. "The impact of the WARN Act on firm value," The Quarterly Review of Economics and Finance, Elsevier, vol. 37(4), pages 905-921.
  • Handle: RePEc:eee:quaeco:v:37:y:1997:i:4:p:905-921
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    2. John T. Addison & McKinley L. Blackburn, 1994. "The Worker Adjustment and Retraining Notification Act: Effects on Notice Provision," ILR Review, Cornell University, ILR School, vol. 47(4), pages 650-662, July.
    3. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    4. John J. Binder, 1985. "Measuring the Effects of Regulation with Stock Price Data," RAND Journal of Economics, The RAND Corporation, vol. 16(2), pages 167-183, Summer.
    5. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    6. Michael J. Gombola & George P. Tsetsekos, 1992. "The Information Content of Plant Closing Announcements: Evidence From Financial Profiles and the Stock Price Reaction," Financial Management, Financial Management Association, vol. 21(2), Summer.
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    8. Blackwell, David W. & Marr, M. Wayne & Spivey, Michael F., 1990. "Plant-closing decisions and the market value of the firm," Journal of Financial Economics, Elsevier, vol. 26(2), pages 277-288, August.
    9. Alexander A. Robichek & James C. Horne, 1967. "Abandonment Value And Capital Budgeting," Journal of Finance, American Finance Association, vol. 22(4), pages 577-589, December.
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    11. Gilson, Stuart C., 1989. "Management turnover and financial distress," Journal of Financial Economics, Elsevier, vol. 25(2), pages 241-262, December.
    12. Karpoff, Jonathan M. & Malatesta, Paul H., 1989. "The wealth effects of second-generation state takeover legislation," Journal of Financial Economics, Elsevier, vol. 25(2), pages 291-322, December.
    13. Hamermesh, Daniel S, 1988. "Plant Closings and the Value of the Firm," The Review of Economics and Statistics, MIT Press, vol. 70(4), pages 580-586, November.
    14. Travlos, Nickolaos G, 1987. "Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns," Journal of Finance, American Finance Association, vol. 42(4), pages 943-963, September.
    15. Ippolito, Richard A, 1985. "The Labor Contract and True Economic Pension Liabilities," American Economic Review, American Economic Association, vol. 75(5), pages 1031-1043, December.
    16. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    17. Joy, O Maurice, 1976. "Abandonment Values and Abandonment Decisions: A Clarification," Journal of Finance, American Finance Association, vol. 31(4), pages 1125-1128, September.
    18. Spivey, Michael F. & Blackwell, David W. & Marr, M. Wayne, 1994. "Advance notice of plant closings and firm value," Journal of Business Research, Elsevier, vol. 31(1), pages 49-53, September.
    19. Peltzman, Sam, 1976. "Toward a More General Theory of Regulation," Journal of Law and Economics, University of Chicago Press, vol. 19(2), pages 211-240, August.
    20. Dyl, Edward A & Long, Hugh W, 1969. "Abandonment Value and Capital Budgeting: Comment," Journal of Finance, American Finance Association, vol. 24(1), pages 88-95, March.
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    Cited by:

    1. Atkins, Ryan & Favreau, Charles, 2022. "The effects of layoffs and plant closings on manufacturers’ market value," International Journal of Production Economics, Elsevier, vol. 245(C).

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