Blockchain hysteria: Adding 'blockchain' to company's name

Jain Archana; Jain Chinmay

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Blockchain hysteria: Adding 'blockchain' to company's name

机译：区块链歇斯底里：在公司名称中添加“区块链”

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摘要

Using a list of companies that changed their names to add "blockchain" or "bitcoin" to their names, we find that after changing the names, these firms have a significant abnormal positive return that lasts for 2 months. The abnormal return turns negative 5 months after the change. This suggests that these firms changed their names to take advantage of the hysteria surrounding the price rise of bitcoin. (C) 2019 Elsevier B.V. All rights reserved.

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来源
《Economics letters》 |2019年第8期|178-181|共4页
作者
Jain Archana; Jain Chinmay;
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作者单位

Rochester Inst Technol, Saunders Coll Business, Rochester, NY 14623 USA;

Ontario Tech Univ, Fac Business & IT, Oshawa, ON L1H 7K4, Canada;

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原文格式 PDF
正文语种 eng
中图分类
关键词
Blockchain; Bitcoin; Corporate name change; Abnormal return; Event study;

机译：区块链;比特币;公司名称变更;异常收益;事件研究;

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Blockchain hysteria: Adding 'blockchain' to company's name

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