Loderer, Claudio; Jacobs, Andreas (1995). The Nestlé crash. Journal of Financial Economics, 37, pp. 315-339. North-Holland
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On November 17, 1988, the board of directors of Nestlé AG decided to allow foreign investors to hold Nestlé registered stock, reversing a longstanding practice. This decision had a tremendous impact on the prices of the firm's three classes of common stock, as well as on the prices of several other corporations traded on the Zürich stock exchange. These price changes can be explained by the hypothesis that demand curves slope down.
Item Type: |
Journal Article (Original Article) |
|---|---|
Division/Institute: |
03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Financial Management 03 Faculty of Business, Economics and Social Sciences > Other Institutions > Teaching Staff, Faculty of Business, Economics and Social Sciences |
UniBE Contributor: |
Loderer, Claudio, Jacobs, Andreas |
Subjects: |
600 Technology > 650 Management & public relations 300 Social sciences, sociology & anthropology > 330 Economics |
ISSN: |
0304-405X |
Publisher: |
North-Holland |
Language: |
English |
Submitter: |
Karin Dolder |
Date Deposited: |
24 Jan 2014 08:59 |
Last Modified: |
05 Dec 2022 14:27 |
BORIS DOI: |
10.7892/boris.39531 |
URI: |
https://boris.unibe.ch/id/eprint/39531 |
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