An analysis of the stock market reaction to the announcements of the UK Soft Drinks Industry Levy
Volume: 38, Pages: 100834 - 100834
Published: Aug 1, 2020
Abstract
On 16th March 2016, the government of the United Kingdom announced the Soft Drinks Industry Levy (SDIL), under which UK soft-drink manufacturers were to be taxed according to the volume of products with added sugar they produced or imported. We use ‘event study’ methodology to assess the likely financial effect of the SDIL on parts of the soft drinks industry, using stock returns of four UK-operating soft-drink firms listed on the London Stock...
Paper Details
Title
An analysis of the stock market reaction to the announcements of the UK Soft Drinks Industry Levy
Published Date
Aug 1, 2020
Volume
38
Pages
100834 - 100834
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