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Applied Economics Letters Volume 10, 2003 - Issue 12
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Original Articles

Economic impact of national sporting success: evidence from the London stock exchange

J. K. Ashton School of Management, University of East Anglia, Norwich, Norfolk, NR4 7TJ, UK
,
B. Gerrard Leeds University Business School, University of Leeds, Leeds, LS2 9JT, UK
&
R. Hudson Leeds University Business School, University of Leeds, Leeds, LS2 9JT, UK
Pages 783-785 | Published online: 04 Jun 2010
 
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Abstract

In this article strong association is reported between the performance of the England football team and subsequent daily changes in the FTSE 100 index, representing the price of shares in the 100 largest companies traded on the London stock exchange.

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