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...

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Bibliographic Details
Published in:International Journal of Hospitality and Tourism Administration
Main Author: Che Ahmat N.H.; Kim J.; Arendt S.W.
Format: Article
Language:English
Published: Routledge 2023
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85110868254&doi=10.1080%2f15256480.2021.1938785&partnerID=40&md5=59faf01285975ad92e05cbea041b5fde