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A 2011 working paper by Dube, Kaplan, and Naidu shows that in the sixteen days before top-secret US-backed coups during the Cold War, the cumulative
A 2011 working paper by Dube, Kaplan, and Naidu shows that in the sixteen days before top-secret US-backed coups during the Cold War, the cumulative abnormal returns to multinational companies that had corporate property expropriated by the regimes targeted by the coups was approximately 13%. Once the coups themselves occurred, there were no further abnormal returns. Explain this finding
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