The effect of guerrilla marketing on company share prices: An event study analysis
Svetlana Davis and Frederick Davis
This study analyzes a hand-collected sample of 803 guerrilla marketing campaigns from 2007 to 2017 to examine the impact on abnormal share price performance.
Davis and DavisMANAGEMENT SLANT
- Guerrilla marketing campaigns, on average, are associated with significantly
positive movements in company stock prices.
- Campaigns utilizing emotional appeals, especially joy, are associated with
significantly positive...