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Dark Knights Rising: The Aurora Theater and Newtown School Massacres and Shareholder Wealth

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  • Cross, Benjamin W.
  • Pruitt, Stephen W.

Abstract

This study analyzes the stock price impact of the Aurora theater and Newtown (Sandy Hook) school massacres on both domestic (US) and foreign theater operators and US gun manufacturers in an effort to document the economic effects of these tragedies.

Suggested Citation

  • Cross, Benjamin W. & Pruitt, Stephen W., 2013. "Dark Knights Rising: The Aurora Theater and Newtown School Massacres and Shareholder Wealth," Journal of Criminal Justice, Elsevier, vol. 41(6), pages 452-457.
    • Handle: RePEc:eee:jcjust:v:41:y:2013:i:6:p:452-457
    DOI: 10.1016/j.jcrimjus.2013.09.002
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    References listed on IDEAS

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    1. Brown, Stephen J. & Warner, Jerold B., 1985. "Using daily stock returns : The case of event studies," Journal of Financial Economics, Elsevier, vol. 14(1), pages 3-31, March.
    2. Kleck, Gary & Kovandzic, Tomislav & Saber, Mark & Hauser, Will, 2011. "The effect of perceived risk and victimization on plans to purchase a gun for self-protection," Journal of Criminal Justice, Elsevier, vol. 39(4), pages 312-319, July.
    3. Brown, Stephen J. & Warner, Jerold B., 1980. "Measuring security price performance," Journal of Financial Economics, Elsevier, vol. 8(3), pages 205-258, September.
    4. Fama, Eugene F, et al, 1969. "The Adjustment of Stock Prices to New Information," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 10(1), pages 1-21, February.
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    Cited by:

    1. Anandasivam Gopal & Brad N Greenwood, 2017. "Traders, guns, and money: The effects of mass shootings on stock prices of firearm manufacturers in the U.S," PLOS ONE, Public Library of Science, vol. 12(5), pages 1-29, May.
    2. Nelson Areal & Ana Carvalho, 2018. "A value-based approach to business model innovation: Defining the elements of the concept," NIPE Working Papers 13/2018, NIPE - Universidade do Minho.

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