AUT LibraryAUT
View Item 
  •   Open Theses & Dissertations
  • Masters Dissertations
  • View Item
  •   Open Theses & Dissertations
  • Masters Dissertations
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Superstition on Zodiac and Firm Performance: Evidence From China

Rong, Qianfeng
Thumbnail
View/Open
Dissertation (2.257Mb)
Permanent link
http://hdl.handle.net/10292/13292
Metadata
Show full metadata
Abstract
Among the widespread superstitions in China, the “zodiac year” of birth, which occurs once every 12 years, is believed to bring bad luck to one’s career, health, or family. In this study I investigate if the zodiac year of a firm’s top executives would bring negative impact on the firm’s financial performance compared to normal years. I find that ROA, ROE, and Tobin’s Q are significantly lower in the zodiac year than those in normal years. However, the firm’s stock returns do not seem to reflect the zodiac year’s negative impact.
Keywords
Superstition; Zodiac year of birth; Chinese chairman; Firm performance
Date
2020
Item Type
Dissertation
Supervisor(s)
Nguyen, Nhut (Nick) Hoang
Degree Name
Master of Business
Publisher
Auckland University of Technology

Contact Us
  • Admin

Hosted by Tuwhera, an initiative of the Auckland University of Technology Library

 

 

Browse

Open Theses & DissertationsTitlesAuthorsDateThesis SupervisorMasters DissertationsTitlesAuthorsDateThesis Supervisor

Alternative metrics

 

Statistics

For this itemFor all Open Theses & Dissertations

Share

 
Follow @AUT_SC

Contact Us
  • Admin

Hosted by Tuwhera, an initiative of the Auckland University of Technology Library