Examining the Impact of Minimum Wage Policy on Hospitality Financial Performance Using Event Study Method
This study investigated the effect of the minimum wage policy on hospitality firm value and financial performance. The event study method (ESM) results revealed the significant impact of the introduction of minimum wage on firm value, implying that investors perceived minimum wage policy had a negat...
Published in: | International Journal of Hospitality and Tourism Administration |
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Main Author: | |
Format: | Article |
Language: | English |
Published: |
Routledge
2023
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Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85110868254&doi=10.1080%2f15256480.2021.1938785&partnerID=40&md5=59faf01285975ad92e05cbea041b5fde |