Examining the Impact of Minimum Wage Policy on Hospitality Financial Performance Using Event Study Method

QR Code

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...

Full description

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

Similar Items

The Roles of Health Literacy in Developing Health Communication Competence among Low-wage Workers in Kelantan, Malaysia
by: Sumardi N.A.; Aminuddin A.S.; Halif M.M.; Hassan N.
Published: (2024)

Financial Efficiency of Microfinance Institutions in the Event of Pre and Post Financial Crisis
by: Zainal N.; Bakri M.H.; Sanusi Z.M.; Razak N.A.; Roslan S.; Harjito D.A.
Published: (2022)

Examining the Impact of Audit Quality and Financial Performance on Corporate Tax Avoidance: Empirical Evidence from Public Listed Companies in Malaysia
by: Sulaiman, et al.
Published: (2023)

Financial Management Policy and Governance for the Preservation of the UNESCO World Heritage Site in Malaysia as a Tourism Attraction
by: Soh, et al.
Published: (2024)

Accountability via social and financial performance of the hospitality sector: the role of market orientation
by: Kazemian S.; Djajadikerta H.G.; Mat Roni S.; Trireksani T.; Mohd-Sanusi Z.
Published: (2020)

Knowledge and Practice of Breast-Self Examination Among Nurses in Teaching Hospital
by: Anwar N.A.; Junaidi S.N.A.; Jazli N.M.
Published: (2023)

Organizational learning, innovativeness and performance of financial service firms in an emerging market: examining the mediation effects of customer-focused strategy
by: Yuliansyah Y.; Rammal H.G.; Maryani M.; Mohamed Jais I.R.; Mohd-Sanusi Z.
Published: (2021)

Terrestrial laser scanner self-calibration: Quantitative evaluation of minimum network configuration
by: Salleh S.M.; Azmi M.A.A.M.; Abbas M.A.; Mustafar M.A.; Hashim N.M.; Sulaiman S.A.; Salleh C.S.
Published: (2021)

New insights of minimum requirement on legumes (Fabaceae sp.) daily intake in Malaysia
by: Jaafar M.H.; Ismail N.H.; Ismail R.; Md Isa Z.; Mohd Tamil A.; Md Yasin M.; Mat Nasir N.; Ab Razak N.H.; Zainol Abidin N.; Dehghan M.; Yusof K.H.
Published: (2023)

Characteristics of Different Groups of Flare-CME in the Minimum to Rising Phase of Solar Cycle 24; [(Pencirian Kumpulan Berbeza Suar-CME dalam Fasa Minimum hingga Fasa Menaik Kitaran Suria 24)]
by: Ansor N.M.; Hamidi Z.S.; Shariff N.N.M.
Published: (2023)

Non-minimum phase model of vertical position electro-hydraulic cylinder for trajectory ZPETC
by: Ishak N.; Tajjudin M.; Ismail H.; Patrick M.; Md Sam Y.; Adnan R.
Published: (2012)

Greening the hospitality industry: examining institutional influences and perceived benefits of EMS in Malaysian SME hotels
by: Hamzah, et al.
Published: (2024)

Greening the hospitality industry: examining institutional influences and perceived benefits of EMS in Malaysian SME hotels
by: Hamzah H.; Wahab S.N.; Othman N.; Ferguson G.
Published: (2025)

Examining the impact of corporate governance and family ownership on corporate performance: evidence from the Indonesian Stock Exchange
by: Nasir A.; Wan Ismail W.A.; Kamarudin K.A.; Zarefar A.; Armadani
Published: (2024)

The impact of environmental, social, and governance performance on financial performance: Evidence from Japanese companies
by: Ismail A.M.; Azman K.B.B.
Published: (2024)

Unveiling the landscape of event technology adoption in hospitality and tourism industry: insights from a systematic literature review
by: Sjukriana J.; Hanafiah M.H.; Asyraff M.A.; Kusumah G.
Published: (2024)

Unveiling the landscape of event technology adoption in hospitality and tourism industry: insights from a systematic literature review
by: Sjukriana, et al.
Published: (2024)

Incongruent quality management perceptions between Malaysian hotel managers and employees
by: Sumarjan N.; Arendt S.W.; Shelley M.
Published: (2013)

Characterization of New Minimum Signature Solid Propellant Based on Ammonium Perchlorate Synergetic with Sorbitol and Magnesium Metal
by: Azizi M.Z.; Hamid A.H.A.; Salleh Z.; Adnan A.A.; Atila L.; Salleh N.A.
Published: (2024)

The Optimum Value of Minimum Temparature Gap in The Energy Targeting of Distillation Columns Sequence by Thermal Pinch Analysis
by: Shahruddin M.Z.; Mokhtar N.S.; Zin R.M.; Rahimi A.N.; Zubir M.A.; Zahran M.F.I.; Ibrahim N.; Abd. Hamid M.K.
Published: (2020)

The Impact of Military Tobacco Control Policy: A Systematic Review
by: Hashim M.A.B.; Bin Sebri K.F.; Bin Mohd Hanim M.F.; Binti Anwar D.S.; Binti Mohd Radzi N.A.; Bin Ahmad Fuad A.F.; Md Sabri B.A.B.
Published: (2024)

A Policy Lens on Cybersex Addiction Impacting Malaysian Children
by: Maizon W.S.N.W.; Hamid S.N.F.A.; Ahmad Y.
Published: (2024)

A Policy Lens on Cybersex Addiction Impacting Malaysian Children
by: Maizon, et al.
Published: (2024)

Government policies, financial scopes and technological usages for agricultural development and post-harvest loss reduction in Algeria
by: Tria D.; Alghorbany A.; Bin Muhamad A.I.; Alam M.M.
Published: (2020)

Preliminary Assessment of Seasonal Variations of Geomagnetic H Component at Langkawi in Malaysia During Solar Minimum of Cycle 24
by: Hashim M.H.; Jusoh M.H.; Hamid N.S.A.; Burhanudin K.; Radzi Z.M.; Yoshikawa A.; Abd Latiff Z.I.
Published: (2021)

Establishing unique relationship between minimum mobilised friction angle and axial strain for anisotropic soil settlement model
by: Mohamed Jais I.B.; Md. Noor M.J.
Published: (2010)

Examining the impacts of individual lot stormwater detention in a housing estate
by: Mah D.Y.S.; Ngu J.O.K.; Caroline P.D.; Malek M.A.
Published: (2022)

The impact of routine histopathological examination on cholecystectomy specimens from an Asian demographic
by: Chin K.F.; Mohammad A.A.; Khoo Y.Y.; Krishnasamy T.
Published: (2012)

The Impact of Corporate Social Responsibility on Financial Performance: The Case of Internet-based Enterprises in China
by: Zandi G.R.; Shan L.; Zaini S.M.
Published: (2023)

Conceptualising Event Technology Usage and Experience in Event Management: Thematic Analysis
by: Zamzuri N.H.; Nasir H.M.; Mohd Sah N.F.; Ismail K.
Published: (2023)

Enhancing Power System Resilience Through Evolutionary Programming for High Impact Low Probability Events
by: Zakaria F.; Musirin I.; Kamari N.A.M.; Aminuddin N.; Johari D.; Shaaya S.A.; Bajwa A.A.; Kumar A.V.S.
Published: (2024)

EXAMINING THE RELATIONSHIP BETWEEN WORK STRESSORS AND AUDITORS’ JOB PERFORMANCE
by: Ali N.M.; Ghani E.K.
Published: (2022)

Inappropriate prescribing defined by STOPP and START criteria and its association with adverse drug events among hospitalized older patients: A multicentre, prospective study
by: Fahrni M.L.; Azmy M.T.; Usir E.; Aziz N.A.; Hassan Y.
Published: (2019)

Examining the relationship between enterprise risk management and firm performance in Malaysia
by: Ali M.M.; Hamid N.S.A.; Ghani E.K.
Published: (2019)

Hospital Bed Allocation using Three-Stage Weighted Optimization Method for Government Hospital in Pulau Pinang
by: Halim K.M.; Khadijah W.
Published: (2023)

Thermal annealing-induced formation of ZnO nanoparticles: Minimum strain and stress ameliorate preferred c-axis orientation and crystal-growth properties
by: Malek M.F.; Mamat M.H.; Musa M.Z.; Khusaimi Z.; Sahdan M.Z.; Suriani A.B.; Ishak A.; Saurdi I.; Rahman S.A.; Rusop M.
Published: (2014)

Alternative methods for forecasting variations in hospital bed admission
by: Shariff S.S.R.; Suhaimi M.A.; Zahari S.M.; Derasit Z.
Published: (2018)

Impact of fee-revision policy for gastrostomy on its implementation among older adults with dementia in Japan
by: Liu N.; Babazono A.; Jamal A.; Yoshida S.; Yamao R.; Ishihara R.; Matsuda S.; Li Y.
Published: (2024)

THE IMPACT OF GLOBAL ECONOMIC POLICY UNCERTAINTY AND VOLATILITY ON STOCK MARKETS: EVIDENCE FROM ISLAMIC COUNTRIES
by: Adam N.; Sidek N.Z.M.; Sharif A.
Published: (2022)

Land Use Sensitivity Map for Impact of Land Management on Extreme Flood Events at the Northeast Coast of Peninsular (Malaysia)
by: Saadatkhah N.; Rahnamarad J.; Mansor S.; Khuzaimah Z.; Asmat A.; Adnan N.A.; Adam S.N.
Published: (2018)

Cannot write session to /tmp/vufind_sessions/sess_qck8s8t9ebij7n4leg337qldkm