246
Views
5
CrossRef citations to date
0
Altmetric
Original Articles

The causal effect of religious piety on shareholder wealth: evidence from acquirer returns and historical religious identification

, , &

References

  • Alesina, A., and E. La Ferrara. 2000. “Participation in Heterogeneous Communities.” Quarterly Journal of Economics 115: 847–904. doi:10.1162/qjec.2000.115.issue-3.
  • Benjamin, D. J., J. J. Choi, and G. W. Fisher. 2010. “Religious Identity and Economic Behavior.” Working Paper. National Bureau of Economic Research (NBER) and Yale School of Management.
  • Brown, S. J., and J. B. Warner. 1985. “Using Daily Stock Returns: The Case of Event Studies.” Journal of Financial Economics 14: 3–31. doi:10.1016/0304-405X(85)90042-X.
  • Coval, J. D., and T. J. Moskowitz. 1999. “Home Bias at Home: Local Equity Preference in Domestic Portfolios.” The Journal of Finance 54: 2045–2073. doi:10.1111/jofi.1999.54.issue-6.
  • Diaz, J. 2000. “Religion and Gambling in Sin-City: A Statistical Analysis of the Relationship between Religion and Gambling Patterns in Las Vegas Residents.” The Social Science Journal 37: 453–458. doi:10.1016/S0362-3319(00)00083-5.
  • Dyreng, S. D., W. J. Mayew, and C. D. Williams. 2012. “Religious Social Norms and Corporate Financial Reporting.” Journal of Business Finance & Accounting 39: 845–875. doi:10.1111/jbfa.2012.39.issue-7-8.
  • Grullon, G., G. Kanatas, and J. Weston. 2009. “Religion and Corporate (Mis)Behavior.” http://ssrn.com/abstract=1472118.
  • Hilary, G., and K. W. Hui. 2009. “Does Religion Matter in Corporate Decision Making in America?” Journal of Financial Economics 93: 455–473. doi:10.1016/j.jfineco.2008.10.001.
  • Ivkovic, Z., and S. Weibenner. 2004. “Local Does as Local Is: Information Content of the Geography of Individual Investors’ Common Stock Investments.” Journal of Finance 60: 267–306. doi:10.1111/j.1540-6261.2005.00730.x.
  • Jiraporn, P., N. Jiraporn, A. Boeprasert, and K. Chang. 2014. “Does Corporate Social Responsibility (CSR) Improve Credit Ratings? Evidence from Geographic Identification.” Financial Management 43: 505–531, ( forthcoming). doi:10.1111/fima.12044.
  • Kumar, A., J. K. Page, and O. G. Spalt. 2011. “Religious Beliefs, Gambling Attitudes, and Financial Market Outcomes.” Journal of Financial Economics 102: 671–708. doi:10.1016/j.jfineco.2011.07.001.
  • McGuire, S. T., T. C. Omer, and N. Y. Sharp. 2012. “The Impact of Religion on Financial Reporting Irregularities.” The Accounting Review 87 (2): 645–673.
  • Miller, A. 2000. “Going to Hell in Asia: The Relationship between Risk and Religion in a Cross-Cultural Setting.” Review of Religious Research 42: 5–18. doi:10.2307/3512141.
  • Miller, A. S., and J. P. Hoffman. 1995. “Risk and Religion: An Explanation of Gender Differences in Religiosity.” Journal for the Scientific Study of Religion 34: 63–75. doi:10.2307/1386523.
  • Pirinsky, C., and Q. Wang. 2006. “Does Corporate Headquarters Location Matter for Stock Returns?” The Journal of Finance 61: 1991–2015. doi:10.1111/jofi.2006.61.issue-4.
  • Shea, J. 1997. “Instrument Relevance in Multivariate Linear Models: A Simple Measure.” Review of Economics and Statistics 79: 348–352.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.