'Distracted driving' laws may be sabotaging stock prices and trading volumes, and other reports from the world of IR studies
A sign of the growing influence of mobile communications – if from a rather leftfield source – has arrived from a team of US researchers. ‘Distracted driving’ laws, intended to reduce car accidents by limiting the use of mobile communications devices, also drive down stock prices and trading volume of firms headquartered in the affected areas, the team reports. Sampling 30 state-wide distracted-driving laws implemented from 2001 to 2011, the investigators find local stocks
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