The Effect of AI Investment Announcements on Adopting Companies Abnormal Returns: A Critical Analysis of the UK Market
The Effect of AI Investment Announcements on Adopting Companies Abnormal Returns: A Critical Analysis of the UK Market
Zeynep O. Kurter,Balaaj Bhatti
1 件の引用
TLDR
This inaugural UK market study uses event study methodology to assess stock market reactions to AI investment announcements by FTSE 100 companies from 2019-2023, revealing that AI investments have a marginally positive, but statistically insignificant impact.