MARC details
000 -LEADER |
fixed length control field |
02063nam a22003017a 4500 |
003 - CONTROL NUMBER IDENTIFIER |
control field |
NUCLARK |
005 - DATE AND TIME OF LATEST TRANSACTION |
control field |
20250310144828.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
fixed length control field |
250310b ph ||||| |||| 00| 0 eng d |
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER |
International Standard Serial Number |
0278-4319 |
040 ## - CATALOGING SOURCE |
Original cataloging agency |
NUCLARK |
Transcribing agency |
NUCLARK |
100 ## - MAIN ENTRY--PERSONAL NAME |
Personal name |
Song, Hyoung Ju |
Relator term |
author |
245 ## - TITLE STATEMENT |
Title |
Impact of the COVID-19 pandemic : |
Remainder of title |
Evidence from the U.S. restaurant industry / |
Statement of responsibility, etc. |
Hyoung Ju Song, Jihwan Yeon, and Seoki Lee. |
260 ## - PUBLICATION, DISTRIBUTION, ETC. |
Place of publication, distribution, etc. |
Amsterdam : |
Name of publisher, distributor, etc. |
Elsevier Ltd., |
Date of publication, distribution, etc. |
c2020. |
300 ## - PHYSICAL DESCRIPTION |
Extent |
7 pages ; |
Other physical details |
tables |
504 ## - BIBLIOGRAPHY, ETC. NOTE |
Bibliography, etc. note |
Includes bibliographical references (page 7). |
520 ## - SUMMARY, ETC. |
Summary, etc. |
The current study examines how the effect of COVID-19 on U.S. restaurant firms’ stock returns varies according to the firms’ pre-pandemic characteristics by employing three firm-level dimensions (financial conditions, corporate strategies, and ownership structure). Employing 795 firm-year observations obtained from annual reports and other databases, this study found that restaurant firms with past characteristics of larger size, more leverage, more cash flows, less ROA, and more internationalization are more resilient to stock declines reacting to COVID-19 than otherwise similar firms. Whereas, dividend, franchising, institutional ownership, and managerial ownership did not show any significant moderating effect on the relationship between COVID-19 and stock returns. This study sheds light on the research topic by providing insights into drivers of restaurant firm’s stock returns during the COVID-19 shock. Future studies can employ the variables and method used in the current study to extend the understanding of the issue. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
COVID-19 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
STOCK RETURNS |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
RESTAURANTS |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
FINANCIAL CONDITIONS |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
CORPORATE STRATEGIES |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
OWNERSHIP STRUCTURE |
700 ## - ADDED ENTRY--PERSONAL NAME |
Personal name |
Yeon, Jihwan |
Relator term |
author |
700 ## - ADDED ENTRY--PERSONAL NAME |
Personal name |
Lee, Seoki |
Relator term |
author |
773 ## - HOST ITEM ENTRY |
Title |
International Journal of Tourism Management |
Related parts |
Volume 92 (January 2021) |
856 ## - ELECTRONIC LOCATION AND ACCESS |
Uniform Resource Identifier |
<a href="https://doi.org/10.1016/j.ijhm.2020.102702">https://doi.org/10.1016/j.ijhm.2020.102702</a> |
Public note |
Available online |
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Source of classification or shelving scheme |
Library of Congress Classification |
Koha item type |
Continuing Resources |
Suppress in OPAC |
No |