000			01622naa a2200169uu 4500
001			6041716474521
003			OSt
005			20190211161045.0
008			060417s2006 xx ||||gr |0|| 0 eng d
100	1		_aTUCK, Cheah Eng _924650
245	1	0	_aA quality award and Stock Market Reaction : _bEvidence from the European Union
260			_aUK : _bRoutledge, _cOctober- November 2005
520	3		_aThe European Quality Award (EQA) is a form of recognition of the superiority of quality in the products and/or services produced by recipient companies within the European Union countries. The success in implementing quality programmes with a proven success record would enhance the corporate value of the recipient companies and would be well-received by the stakeholders, i.e. the investors and the corporate managers. The news of winning a quality award previously unanticipated by investors should lead to an immediate change in the stock price of the recipient company. This augurs well with one of the corollaries of the efficient market hypothesis posited by Fama (1965). This exploratory paper intends to investigate, using the event study methodology, the information content of recipient companies on the possibility of abnormal returns made in the announcement windows. Using the Corrado (1989) rank test, it was found that there is no information content in the announcement of the quality award.
773	0	8	_tTotal Quality Management & Business Excellence _g16, 8-9, p. 979 - 986 _dUK : Routledge, October- November 2005 _xISSN 1478-3363 _w
942			_cS
998			_a20060417 _b1647^b _cNatália
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c15631 _d15631
041			_aeng