When Economic Prowess Is a Liability—Unpredictable Black Swan Events Such as the Financial Crisis and COVID‐19 Pandemic Disrupt Hotel Value Dynamics.

This study examines the relationship between operating efficiency and firm value in the hotel industry during the most recent economic crises: the 2008–2009 financial crisis and the COVID‐19 pandemic. Both were Black Swan events that were difficult or impossible to predict in advance. Using a sample...

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Publicado en:	American Journal of Economics & Sociology Vol. 84; no. 3; pp. 521 - 535
Autores principales:	Chen, Ying, Capener, Don
Formato:	Artículo
Publicado:	Wiley-Blackwell May2025
Materias:	E.I. du Pont de Nemours & Co. Financial crises Black swan theory Financial management Financial performance Hotel management
Acceso en línea:	Ver este registro en EBSCOhost