| Id |
Subject |
Object |
Predicate |
Lexical cue |
| T325 |
0-57 |
Sentence |
denotes |
This study contributes to the literature in many aspects. |
| T326 |
58-162 |
Sentence |
denotes |
First, we add to the growing literature on the role that public health threats play in market reactions. |
| T327 |
163-528 |
Sentence |
denotes |
Prior studies contend that the firms in heavy-polluting industries have a negative market reaction to the passage of the Environmental Protection Tax Law [39]; negative cumulative abnormal returns occur during short windows around pollution events [38]; and insurance firms have higher abnormal returns around the event window in most of the hurricane hazards [37]. |
| T328 |
529-613 |
Sentence |
denotes |
These findings suggest that the increase in public health risks affects the markets. |
| T329 |
614-824 |
Sentence |
denotes |
We add to this body of research by showing that the continued increase of COVID-19 cases at the provincial level will negatively affect the firm’s market performance by enhancing the investors’ risk assessment. |
