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Original Articles

The Sydney Olympic Games announcement and Australian stock market reaction

Pages 781-784 | Published online: 06 Oct 2010

Keep up to date with the latest research on this topic with citation updates for this article.

Read on this site (14)

Ran Tao, Chi-Wei Su, Tanzeela Yaqoob & Mir Hammal. (2022) Do financial and non-financial stocks hedge against lockdown in Covid-19? An event study analysis. Economic Research-Ekonomska Istraživanja 35:1, pages 2405-2426.
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Corinne Sullivan & Michael A. Leeds. (2016) Will the games pay? An event analysis of the 2020 summer Olympics announcement on stock markets in Japan, Spain, and Turkey. Applied Economics Letters 23:12, pages 880-883.
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Christian David Dick & Qingwei Wang. (2010) The economic impact of the Olympic Games: evidence from stock markets. Applied Economics Letters 17:9, pages 861-864.
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Martin Mirman & Rajneesh Sharma. (2010) Stock market reaction to Olympic Games announcement . Applied Economics Letters 17:5, pages 463-466.
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Rodolfo Q. Aquino. (2006) Efficiency of the Philippine stock market. Applied Economics Letters 13:7, pages 463-470.
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Articles from other publishers (35)

Krystian M. Zawadzki & Marcin Potrykus. (2023) Stock Markets’ Reactions to the Announcement of the Hosts. An Event Study in the Analysis of Large Sporting Events in the Years 1976–2032. Journal of Sports Economics 24:6, pages 759-800.
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Seung-Jin Han, Won-Jae Lee, So-Hee Kim, Sang-Hoon Yoon, Won Shick Ryu, Hyunwoong Pyun & Daehwan Kim. (2022) Effects of the Olympic Announcement and the Actual Event on Property Values: The Case of the 2018 PyeongChang Winter Olympic Games. Sustainability 14:14, pages 8687.
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Thomas W. Doellman, Brian R. Walkup, Adrien Bouchet & Brian R. Chabowski. (2022) A Dichotomy of Sport Sponsorships: Does the Nature of Competition Among Sponsors Matter?. Journal of Sport Management 36:2, pages 188-198.
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Ted HaydukIIIIII. (2021) Who Benefitted From the PyeongChang Olympic Announcement? Evidence From the South Korean Stock Market. Journal of Sports Economics 23:1, pages 39-75.
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Fatih GÜNAY. (2020) Terör, Politik ve Askeri Olaylara Borsa İstanbul Turizm Sektörü Yatırımcı TepkisiReactions of Borsa İstanbul Tourism Sector Investors to Terrorist, Political and Military Events. İzmir İktisat Dergisi 35:4, pages 839-856.
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Tiffany Hui-Kuang Yu & Kun-Huang Huarng. (2020) A new event study method to forecast stock returns: The case of Facebook. Journal of Business Research 115, pages 317-321.
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Gourishankar S. Hiremath, Hari Venkatesh & Manish Choudhury. (2019) Sports sentiment and behavior of stock prices: a case of T-20 and IPL cricket matches. Review of Behavioral Finance 11:3, pages 266-276.
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Andrew Zimbalist. 2018. The New Palgrave Dictionary of Economics. The New Palgrave Dictionary of Economics 3332 3344 .
Hisham Al Refai & Mohamed Abdelaziz Eissa. (2017) The impact of FIFA’s official announcements on the stock market of Qatar: The case of the 2022 World Cup. Research in International Business and Finance 41, pages 347-353.
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Grzegorz Kwiatkowski & Ove Oklevik. (2017) Primary Economic Impact of Small-scale Sports Events. Event Management 21:3, pages 269-280.
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Julie Clark & Ade Kearns. (2016) Going for gold: A prospective assessment of the economic impacts of the Commonwealth Games 2014 on the East End of Glasgow. Environment and Planning C: Government and Policy 34:8, pages 1474-1500.
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Tatsuru NISHIO. (2016) Economic Impact of Olympic Game Host Selection: A Comparison of the Main Stock Index of 10 Olympic Game Host Countries. Journal of Japan Society of Sports Industry 26:1, pages 1_137-1_142.
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Geoffrey Meen, Kenneth Gibb, Chris Leishman & Christian A. NygaardGeoffrey Meen, Kenneth Gibb, Chris Leishman & Christian Nygaard. 2016. Housing Economics. Housing Economics 275 295 .
Madlen Diedering & Grzegorz Kwiatkowski. (2015) Economic Impact of Events and Festivals on Host Regions - Methods in Practice & Potential Sources of Bias. Polish Journal of Sport and Tourism 22:4, pages 247-252.
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Philipp Mandel & Bernd Süssmuth. (2015) Public Education, Accountability, and Yardstick Competition in a Federal System. The B.E. Journal of Economic Analysis & Policy 15:4, pages 1679-1703.
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Adrien Bouchet, Thomas W. Doellman, Michael Troilo & Brian R. Walkup. (2015) The Impact of International Football Matches on Primary Sponsors and Shareholder Wealth. Journal of Sport Management 29:2, pages 200-210.
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Sameera Mohamed, Tyron Oettlé & Sinead Stewart. (2015) Mega-sporting events: The impact on host stock markets and investment prospects. Corporate Ownership and Control 12:2, pages 222-235.
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Masaki Kudo, Yong Jae Ko, Matthew Walker & Daniel P Connaughton. (2015) The influence of title sponsorships in sports events on stock price returns. International Journal of Sports Marketing and Sponsorship 16:2, pages 37-56.
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Bijen Ramdas, Reinette van Gaalen & Jordy Bolton. (2015) The Announcement Impact of Hosting the FIFA World Cup on Host Country Stock Markets. Procedia Economics and Finance 30, pages 226-238.
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Choon Chiang Leong & Tak-Kee Hui. 2014. Advances in Hospitality and Leisure. Advances in Hospitality and Leisure 21 36 .
Bana Abuzayed. (2013) Sport and emerging capital markets: market reaction to the 2022 World Cup announcement. International Journal of Islamic and Middle Eastern Finance and Management 6:2, pages 122-141.
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Dimitrios Asteriou, Aristeidis Samitas & Dimitrios Kenourgios. (2013) The London 2012 Olympic Games announcement and its effect on the London Stock Exchange. Journal of Economic Studies 40:2, pages 203-221.
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Heather Mitchell, Heath Spong & Mark Stewart. (2023) Gambling with Public Money: An Economic Analysis of National Sports Team Funding. The Economic and Labour Relations Review 23:2, pages 7-22.
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António Miguel Martins & Ana Paula Serra. (2009) Market impact of international sporting and cultural events. Journal of Economics and Finance 35:4, pages 382-416.
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김현덕, JungChangWook & Jeoung-Hak Lee. (2011) Effects of Olympic Corporate Sponsorship on Stock Market Reaction: Case Study of S&P 500 'TOP VI' Corporate Sponsors. Korean Journal of Sport Science 22:2, pages 1978-1985.
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Andrew Zimbalist. 2016. The New Palgrave Dictionary of Economics. The New Palgrave Dictionary of Economics 1 13 .
Christos Floros. (2010) The impact of the Athens Olympic Games on the Athens Stock Exchange. Journal of Economic Studies 37:6, pages 647-657.
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Vinod Mishra & Russell Smyth. (2010) An examination of the impact of India's performance in one-day cricket internationals on the Indian stock market. Pacific-Basin Finance Journal 18:3, pages 319-334.
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Aristidis Bitzenis, Antonis Tsitouras & Vasileios A. Vlachos. (2009) Decisive FDI obstacles as an explanatory reason for limited FDI inflows in an EMU member state: The case of Greece. The Journal of Socio-Economics 38:4, pages 691-704.
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Nicolas S. Graf. (2009) Stock market reactions to entry mode choices of multinational hotel firms. International Journal of Hospitality Management 28:2, pages 236-244.
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. 2009. Sports Economics. Sports Economics 389 407 .
Georgios Kavetsos & Stefan Szymanski. (2008) Olympic Games, Terrorism and their Impact on the London and Paris Stock Exchanges. Revue d'économie politique Vol. 118:2, pages 189-206.
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Ming-Hsiang Chen. (2007) Macro and non-macro explanatory factors of Chinese hotel stock returns. International Journal of Hospitality Management 26:4, pages 991-1004.
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Ming-Hsiang Chen, Woo Gon Kim & Hyun Jeong Kim. (2005) The impact of macroeconomic and non-macroeconomic forces on hotel stock returns. International Journal of Hospitality Management 24:2, pages 243-258.
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Christian David Dick & Qingwei Wang. (2008) The Economic Impact of Olympic Games: Evidence from Stock Markets. SSRN Electronic Journal.
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