Erschienen in:The Canadian Journal of Economics / Revue canadienne d'Economique
Sprache:
Englisch
ISSN:
0008-4085;
1540-5982
Entstehung:
Anmerkungen:
Beschreibung:
<p>In this study, we investigate the short run effect of the 30 October 1995 Quebec referendum on the common stock returns of Quebec firms. Our results show that the uncertainty surrounding the referendum outcome had an impact on stock returns of Quebec firms. We also find that the effect of the referendum varied with the political risk exposure of Quebec firms, that is, the structure of assets and principally the degree of foreign involvement.</p>