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
1회 인용
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.