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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/25486
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dc.contributor.authorAcheson, Graemeen_UK
dc.contributor.authorCoyle, Christopheren_UK
dc.contributor.authorTurner, John Den_UK
dc.date.accessioned2017-06-10T04:54:42Z-
dc.date.available2017-06-10T04:54:42Z-
dc.date.issued2016en_UK
dc.identifier.urihttp://hdl.handle.net/1893/25486-
dc.description.abstractIn the last 15 years of the nineteenth century c.300 British brewers incorporated and floated securities on the stock market. Subsequently, in the 1900s, the industry suffered a long-lived hangover. In this article, we establish the stylised facts of this transformation and estimate the gains enjoyed by brewery investors during the boom as well as the losses suffered by investors during the bust of the 1900s. However, not all brewery equity shares suffered alike. We find that post-1900 performance correlates positively with capital-market discipline and good corporate governance and negatively with family control, but does not correlate with indebtedness.en_UK
dc.language.isoenen_UK
dc.publisherTaylor and Francisen_UK
dc.relationAcheson G, Coyle C & Turner JD (2016) Happy Hour Followed by Hangover: Financing the UK Brewery Industry, 1880-1913. Business History, 58 (5), pp. 725-751. https://doi.org/10.1080/00076791.2015.1027693en_UK
dc.rightsThe publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.en_UK
dc.rights.urihttp://www.rioxx.net/licenses/under-embargo-all-rights-reserveden_UK
dc.subjectbeeren_UK
dc.subjectbrewingen_UK
dc.subjectfinanceen_UK
dc.subjectincorporationen_UK
dc.subjectstock marketen_UK
dc.titleHappy Hour Followed by Hangover: Financing the UK Brewery Industry, 1880-1913en_UK
dc.typeJournal Articleen_UK
dc.rights.embargodate2999-12-31en_UK
dc.rights.embargoreason[Happy hour followed by hangover financing the UK brewery industry 1880 1913.pdf] The publisher does not allow this work to be made publicly available in this Repository therefore there is an embargo on the full text of the work.en_UK
dc.identifier.doi10.1080/00076791.2015.1027693en_UK
dc.citation.jtitleBusiness Historyen_UK
dc.citation.issn1743-7938en_UK
dc.citation.issn0007-6791en_UK
dc.citation.volume58en_UK
dc.citation.issue5en_UK
dc.citation.spage725en_UK
dc.citation.epage751en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusVoR - Version of Recorden_UK
dc.author.emailgraeme.acheson@stir.ac.uken_UK
dc.citation.date30/04/2015en_UK
dc.contributor.affiliationAccounting & Financeen_UK
dc.contributor.affiliationQueen's University Belfasten_UK
dc.contributor.affiliationQueen's University Belfasten_UK
dc.identifier.isiWOS:000373597500006en_UK
dc.identifier.scopusid2-s2.0-84928667495en_UK
dc.identifier.wtid579721en_UK
dc.contributor.orcid0000-0001-7531-2082en_UK
dcterms.dateAccepted2015-04-30en_UK
dc.date.filedepositdate2017-06-09en_UK
rioxxterms.apcnot requireden_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionVoRen_UK
local.rioxx.authorAcheson, Graeme|0000-0001-7531-2082en_UK
local.rioxx.authorCoyle, Christopher|en_UK
local.rioxx.authorTurner, John D|en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2999-12-31en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/under-embargo-all-rights-reserved||en_UK
local.rioxx.filenameHappy hour followed by hangover financing the UK brewery industry 1880 1913.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source0007-6791en_UK
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