Interorganizational information sharing in the airline industry: An analysis of stock market responses to code-sharing agreements

2007 ◽  
Vol 9 (2-3) ◽  
pp. 309-324 ◽  
Author(s):  
Y. I. Song ◽  
W. Woo ◽  
H. R. Rao
Keyword(s):  
Stock Market ◽  
Information Sharing ◽  
Airline Industry ◽  
Market Responses ◽  
Code Sharing

scholarly journals Information Sharing Alliances in the Airline Industry: An Examination of Code Sharing Agreements

2005 ◽  
Vol 6 (1) ◽  
pp. 85-107
Author(s):  
Wonseok Woo
Keyword(s):  
Information Sharing ◽  
Stock Returns ◽  
Airline Industry ◽  
Shareholder Wealth ◽  
Wealth Effects ◽  
Organizational Information ◽  
Code Sharing ◽  
Study Methodology ◽  
Major Airlines ◽  
Event Study Methodology

This paper addresses the issue of inter-organizational information-sharing alliances and their impacts on firm values from the perspective of inter-organizational coordination between partners in the airline industry setting. We investigate the shareholder wealth effects of inter-organizational information-sharing alliance arrangements, using 131 cede sharing agrc.unems in the airline industry betwcm 1984-1997. Employing event study methodology, we find that the information-sharing alliances between similar partners did create positive value in terms of stock returns at the time of alliance announcements to major US airlines. However, alliances between dissimilar partners resulted in significant losses of shareholder value to the major airlines. These results strongly support our main hypotheses, that information- sharing alliances arc successful and the benefits of such alliances are realized only when coordination difficulties can be effectively dealt with.

scholarly journals Macroeconomic surprises and stock market responses—A study on Indian stock market

2019 ◽  
Vol 7 (1) ◽  
pp. 1598248 ◽  
Author(s):  
Santanu Pal ◽  
Ajay K Garg ◽  
Damir Tokic
Keyword(s):  
Stock Market ◽  
Market Responses ◽  
Indian Stock Market

Product and Stock Market Responses to Automotive Product Liability Verdicts

1998 ◽  
Vol 1998 ◽  
pp. 1 ◽  
Author(s):  
Steven Garber ◽  
John Adams ◽  
Sam Peltzman ◽  
Daniel L. Rubinfeld
Keyword(s):  
Stock Market ◽  
Product Liability ◽  
Market Responses

Corporate accidents, media coverage, and stock market responses

2013 ◽  
Vol 7 (4) ◽  
pp. 617-630 ◽  
Author(s):  
Jiuchang Wei ◽  
Han Wang ◽  
Jin Fan ◽  
Yujuan Zhang
Keyword(s):  
Stock Market ◽  
Media Coverage ◽  
Market Responses

A Study on the Stock Market Responses to the Data 3 Act Amendment Passage

2021 ◽  
Vol 23 (2) ◽  
pp. 811-828
Author(s):  
Daesung Jung ◽  
Sunghoon Choi ◽  
Seonyeong Hwang
Keyword(s):  
Stock Market ◽  
Market Responses
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