Abstract
There is a current joke in circulation to this effect: “You know you will have a bad day when you arrive at work only to be met at the door by the ‘60 Minutes’ crew.” The popular Sunday night CBS network show has a reputation for its hard-hitting, aggressive style of journalism. Every season, the program reports on a number of corporations and corporate problems. But how do such “60 Minutes” exposes affect the wealth of stockholders of a company?
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Bad News = Good News! Who Can Tell?
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