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The impact of governmental COVID ‐19 measures on manufacturers' stock market valuations: The role of labor intensity and operational slack

The impact of governmental COVID ‐19 measures on manufacturers' stock market valuations: The role of labor intensity and operational slack Abstract This study investigates the impact of the Chinese government's Level I emergency response policy on manufacturers' stock market values. We empirically examine the roles of human resource dependence (labor intensity) and operational slack within the context of supply chain resilience. Through an event study of 1357 Chinese manufacturing companies, we...

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Source:10.1002/joom.1207
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The impact of governmental COVID ‐19 measures on manufacturers' stock market valuations: The role of labor intensity and operational slack | Awareness Public Knowledge