Value Effect of Health and Productivity Management: An Event Study of the HPM Award in Japan

Objective The value effect of winning the health and productivity management (HPM) award on their stock prices is to be evaluated. Methods An event study and an evaluation of portfolio over the first-time HPM awardees were conducted. Results The abnormal return (AR) of all the first-time HPM awardees was significantly positive (0.25%, P = 0.03), as well as cumulated AR (P
Source: Journal of Occupational and Environmental Medicine - Category: Occupational Health Tags: ORIGINAL ARTICLES Source Type: research