The impact of adoption of identity theft countermeasures on firm value

作者：

Highlights：

• We study the impact of identity theft countermeasure (ITC) adoption on firm value.

• We find that when companies adopt ITC, their market value increases on an average.

• Early adopters and high growth potential firms benefit most by adopting ITC.

摘要

•We study the impact of identity theft countermeasure (ITC) adoption on firm value.•We find that when companies adopt ITC, their market value increases on an average.•Early adopters and high growth potential firms benefit most by adopting ITC.

论文关键词：Countermeasures,Event study,Identity theft,Information security,Information security investment,Subsampling

论文评审过程：Received 24 April 2012, Revised 15 December 2012, Accepted 9 March 2013, Available online 21 March 2013.

论文官网地址：https://doi.org/10.1016/j.dss.2013.03.001