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