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Risk and risk management of spillover effects : evidence from the literature

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      <subfield code="a">Risk and risk management of spillover effects</subfield>
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      <subfield code="c">Christian Eckert</subfield>
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      <subfield code="a">This article provides a comprehensive review of the existing theoretical and empirical literature regarding spillover effects (effects of a crisis event in an announcing firm on other firms).The results show that spillover effects are most often significantly negative, that is, lead to losses in nonannouncing firms and depend on certain events and firm characteristics.</subfield>
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