Research Article

ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES

Volume: 41 Number: 1 July 12, 2019

ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES

Abstract

Event study methodology, which relies on market efficiency, investigates stock price changes after an event. Despite this methodology arises in the finance literature, it found a wide execution area including the marketing literature. Event study makes it possible to observe the effect of diverse marketing activities on financial value and is therefore very suitable for understanding marketingfinance interface. Empirical findings of product recall studies suggest that a product recall cause to a decrease the firm value. Furthermore, product recall studies adopt event studies that help better understand the reactions of the investors to different marketing strategies in a crisis context. However, only limited studies are available in this field. This paper covers (1) an instruction an instruction of the methodology, (2) a review that highlights the implementations of the method in the marketing literature, (3) summary of studies that measure the effect of marketing strategies in the product recall context, and (4) propositions for further empirical testing. We aim to guide further empirical studies.

Keywords

References

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  6. BINDER, J. (1998). The Event Study Methodology since 1969. Review of Quantitative Finance and Accounting, 11(2), 111-137.
  7. BOEHMER, E., Musumeci, J., Poulsen, A. B. (1991). Event-Study Methodology under Conditions of Event-Induced Variance. Journal of Financial Economics, 30(2), 253-272.
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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

July 12, 2019

Submission Date

February 1, 2019

Acceptance Date

-

Published in Issue

Year 2019 Volume: 41 Number: 1

APA
Ergen Keleş, F. H., & Ülengin, B. (2019). ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 41(1), 181-198. https://doi.org/10.14780/muiibd.582318
AMA
1.Ergen Keleş FH, Ülengin B. ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2019;41(1):181-198. doi:10.14780/muiibd.582318
Chicago
Ergen Keleş, Fatma Hilal, and Burç Ülengin. 2019. “ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES”. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi 41 (1): 181-98. https://doi.org/10.14780/muiibd.582318.
EndNote
Ergen Keleş FH, Ülengin B (July 1, 2019) ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi 41 1 181–198.
IEEE
[1]F. H. Ergen Keleş and B. Ülengin, “ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES”, Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, vol. 41, no. 1, pp. 181–198, July 2019, doi: 10.14780/muiibd.582318.
ISNAD
Ergen Keleş, Fatma Hilal - Ülengin, Burç. “ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES”. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi 41/1 (July 1, 2019): 181-198. https://doi.org/10.14780/muiibd.582318.
JAMA
1.Ergen Keleş FH, Ülengin B. ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2019;41:181–198.
MLA
Ergen Keleş, Fatma Hilal, and Burç Ülengin. “ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES”. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi, vol. 41, no. 1, July 2019, pp. 181-98, doi:10.14780/muiibd.582318.
Vancouver
1.Fatma Hilal Ergen Keleş, Burç Ülengin. ISSUES IN THE USE OF THE EVENT STUDY METHODOLOGY: AN ANALYSIS OF MARKETING STRATEGIES IN PRODUCT RECALL STUDIES. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2019 Jul. 1;41(1):181-98. doi:10.14780/muiibd.582318

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