World War II prime defence contractors

Were they favoured

Datos Bibliográficos

ID8419651
AutoresFred R Kaen (a Department of Accounting and Finance , Whittemore School of Business and Economics , Durham, NH, USA, autor de correspondencia)
Año2011
Volumen53
Número7
Páginas1044-1073
Fecha de publicación2011-12-01
Open AccessNo
TipoARTICLE
RevistaBusiness History (JOURNAL)
Identificadores de la revistaISSN: 0007-6791 • E-ISSN: 1743-7938
EditorialInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076791.2011.582576
OpenAlexW1971160553
IdiomaEN
Citas recibidas2
Referencias citadas14

Between 1940 and 1944 the US government placed $175.066 billion of prime defence contracts with US corporations. Two-thirds of these awards went to only 100 companies and 20% to only five companies leading to charges that the prime contractors were favoured. This article examines the common stock returns of World War II prime contractors relative to broad market indices and to the returns on the non-prime contractors in the same industry. The analysis begins in 1938 with the Anschluss and ends with the 1950 outbreak of the Korean War. Little evidence is found to support the charges

Ancient history · Archaeology · Criticism · Economic history · Economics · First world war · Management · Political science · Prime (order theory · Spanish Civil War · Stock (firearms · World War II · Defense, Military, and Policy Studies · History · Law

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