Corbet, Shaen ORCID: 0000-0001-7430-7417, Larkin, Charles ORCID: 0000-0002-0352-2504, Lucey, Brian ORCID: 0000-0002-4052-8235 and Yarovaya, Larisa ORCID: 0000-0002-9638-2917 (2020) KODAKCoin: a blockchain revolution or exploiting a potential cryptocurrency bubble? Applied Economics Letters, 27 (7). pp. 518-524. ISSN 1350-4851
Abstract
Eastman Kodak is an American technology company that produces imaging products.
In 2018, it announced its intentions to enter the crytpocurrency market, raising concerns
that it could be taking advantage of a potential cryptocurrency bubble for short-term gains.
We analyse the relationships between Kodak, crytocurrency and stock market index returns.
We find evidence of a significant, sustained increase in both the share price and price
volatility of Kodak after the KODAKCoin announcement, with an increased correlation
between the price of Kodak shares and Bitcoin.
Metadata
Item Type: | Article (Published) |
---|---|
Refereed: | Yes |
Uncontrolled Keywords: | Cryptocurrencies; Digital Assets; GARCH; Kodak; KODAKCoin |
Subjects: | Business > Finance |
DCU Faculties and Centres: | DCU Faculties and Schools > DCU Business School |
Publisher: | Taylor & Francis |
Official URL: | http://dx.doi.org/10.1080/13504851.2019.1637512 |
Copyright Information: | © 2020 Taylor & Francis. |
Use License: | This item is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 3.0 License. View License |
ID Code: | 25048 |
Deposited On: | 01 Oct 2020 11:50 by Thomas Murtagh . Last Modified 01 Oct 2020 11:50 |
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