@techreport{Jrgensen2012news,
abstract = {According to the news model of asset price determination, only the unexpected component of an information should drive the stock price. We use the Danish publicly listed football club Br\o{}ndby IF to analyze how match outcome impacts the stock price. To disentangle gross news from net news, betting odd information is used to control for the expected match outcome.},
address = {Frankfurt, Oder},
author = {Casper W. J\o{}rgensen and Mark R. Moritzen and Georg Stadtmann},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {G14; L83; G32; 330; news model; football industry; betting odds; stock market; market efficiency; event study; B\"{o}rsenkurs; Information; Effizienzmarktthese; Fu\ss{}ballsport; Professioneller Sport; Event Study; D\"{a}nemark},
language = {eng},
number = {313},
publisher = {Europa-Univ. Viadrina, Dep. of Business Administration and Economics},
title = {The news model of asset price determination: An empirical examination of the Danish football club Br\o{}ndby IF},
type = {Discussion paper // European University Viadrina, Department of Business Administration and Economics},
url = {http://hdl.handle.net/10419/55512},
year = {2012}
}
