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As the middle line on the chart below indicates, the positive bounce continued for several days, reaching about 5% four days after the initial presentation day.
At the end of the longitudinal QI project, each resident team produced a QI abstract and presented their projects at a year-end QI Project Podium Presentation Day that was video-conferenced to audiences distributed throughout the province of British Columbia [ 14].
For new CEOs that present their strategy within the first 100 days of their appointment, average stock price reactions on presentation day were around +5.3% ($2.8 billion), better than for CEOs overall.
For those that received significant positive reactions, stock prices moved up 4.5% on presentation day, or around $2.4 billion in average market value (the top line in the chart).
For the smaller group of organizations that received unfavorable reactions, presentations were associated with an average drop in stock price of around 4.9% on presentation day, amounting to a loss of $2.6 billion per company (the bottom line in the chart).
Successful applicants are expected to present the results of their work at a G&G student research symposium, typically either the Fall G&G Undergraduate Research Forum (September/October), or the Senior Thesis Presentation Day (April) following completion of the project.
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