Advanced search
Publication Cover
Applied Economics Letters Volume 30, 2023 - Issue 5
Submit an article Journal homepage
391
Views
1
CrossRef citations to date
0
Altmetric
Research Article

Does On-stage Performance of Esports Teams Impact Stock Prices: Evidence From the Astralis Group

Shuxin Lia Waseda Business School, Waseda University, Tokyo, Japan
,
Nobuya Takezawaa Waseda Business School, Waseda University, Tokyo, Japan;b Graduate School of Business, Rikkyo University, Tokyo, JapanCorrespondence[email protected]
ORCID Iconhttps://orcid.org/0000-0001-8628-9295
ORCID Icon &
Jiaxi Zhoua Waseda Business School, Waseda University, Tokyo, Japan
Pages 674-677 | Published online: 07 Dec 2021

References

  • Goldman Sachs (2018 12 October). “The World of Games: Esports from Wild West to Mainstream www.gspublishing.comwww.gspublishing.com.” www.gspublishing.com
  • Astralis Group. 2019. Astralis Group A/S Prospectus (www.astralis.gg). November 13.
  • Astralis Group (2020). “Annual Report 2020.”
  • Brown, G., and J. Hartzell. 2001. “Market Reaction to Public Information: The Atypical Case of the Boston Celtics.” Journal of Financial Economics 60 (2–3): 333–370. doi:10.1016/S0304-405X(01)00047-2.
  • Dimson, E. 1979. “Risk Measurement When Shares are Subject to Infrequent Trading.” Journal of Financial Economics 7 (2): 197–236. doi:10.1016/0304-405X(79)90013-8.
  • Edmans, A., D. Garcia, and Ø. Norli. 2007. “Sports Sentiment and Stock Returns.” Journal of Finance 62 (4): 1967–1998. doi:10.1111/j.1540-6261.2007.01262.x.
  • Goldman, M., and D. Hedlund. 2020. “Rebooting Content: Broadcasting Sport and Esports to Homes during COVID-19.” International Journal of Sport Communication 13 (3): 370–380. doi:10.1123/ijsc.2020-0227.
  • Jang, W. W., K. K. Byon, T. A. Baker III, and Y. Tsuji. 2021. “Mediating Effect of Esports Content Live Streaming in the Relationship between Esports Recreational Gameplay and Esports Event Broadcast.” Sport, Business and Management: An International Journal 11 (1): 89–108. doi:10.1108/SBM-10-2019-0087.
  • Jorgensen, C., M. Moritzen, and G. Stadtmann. 2012. “The News Model of Asset Price Determination – An Empirical Examination of the Danish Football Club Brondby IF.” Applied Economics Letters 19: 1715–1718. doi:10.1080/13504851.2012.667533.
  • Kohers, G., N. Kohers, V. Pandy, and T. Kohers. 2004. “The Disappearing Day-of-the-week Effect in the World`s Largest Equity Markets.” Applied Economics Letters 11: 167–171. doi:10.1080/1350485042000203797.
  • Palomino, F., L. Reneboog, and C. Zhang. 2009. “Information Salience, Investor Sentiment, and Stock Returns: The Case of British Soccer Betting.” Journal of Corporate Finance 15: 368–387. doi:10.1016/j.jcorpfin.2008.12.001.

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:

Order Reprints Request Corporate Permissions

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:

Request Academic Permissions

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.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.