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Did Zion Williamson Give Nike's Stock a Flat Tire?

机译:锡安威廉姆斯是否给耐克库存胎轮胎?

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摘要

On 20 February 2019, prospective first round National Basketball Association (NBA) draft pick Zion Williamson injured himself during Duke's nationally televised game versus rival North Carolina when his Nike sneaker ripped. News reports the next day blamed the Williamson sneaker blowout for a drop in Nike's stock market value, presumably because the blowout adversely affected the perceived quality of Nike sneakers. Similar to previous research examining the stock market effects of Michael Jordan's retirement from and return to the NBA (Crawford and Niendorf, American Business Review, 1999), we analyzed whether Williamson's sneaker blowout affected Nike's stock price. Also considered was the effect of Williamson's injury on share prices of Adidas and Under Armour since other major publicly traded shoe manufacturers might have experienced an increase in sales if customers' perceptions of Nike's shoe quality were negatively affected by the Williamson injury.
机译:于2019年2月20日,预期第一轮全国篮球协会(NBA)选秀仙子威廉姆森在公爵的全国电视游戏与竞争对手北卡罗来纳州撕裂时受伤自己。新闻报道第二天归咎于Williamson运动鞋爆炸爆炸,这是耐克的股票市场价值下降,可能是因为井喷受到不利影响耐克运动鞋的素质。类似于以前的研究审查迈克尔乔丹退休并返回NBA的股票市场影响(Crawford和Niendorf,American Business Review,1999),我们分析了Williamson的运动鞋爆炸,影响了耐克的股价。还考虑了威廉姆森对阿迪达斯股价的伤害和盔甲造成的损害,因为如果客户对耐威氏虫伤害的对耐荷的看法,其他主要公开交易鞋制造商可能会遭受销售增加。

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  • 来源
    《Atlantic economic journal》 |2020年第2期|263-264|共2页
  • 作者单位

    Department of Accounting Economics and Finance Berry College Box 5024 Mount Berry GA 30149 USA;

    Department of Accounting Economics and Finance Berry College Box 5024 Mount Berry GA 30149 USA;

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