Business Implications Of The Tiger Woods Scandal.
January 26th, 2010 admin
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Tiger Woods scandal cost shareholders up to $12 billion MIAMI Tue Dec 29, 2009 2:26pm EST [pic][pic][pic][pic][pic] MIAMI (Reuters) – The sex scandal that engulfed Tiger Woods may have cost shareholders of companies endorsed by the world's No. 1 golfer up to $12 billion in losses, according to a study by two economics professors from the University of California, Davis. Sports | People The study, released on Monday by researchers Victor Stango and Christopher Knittel, gave an estimate for damage to the market value of Woods' main sponsors caused by revelations of alleged extramarital affairs that surfaced after he was involved in
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