Tiger Woods Research Paper
In 1997 Woods became the first golfer of either African American or Asian descent to win the Masters Tournament, one of the most prestigious events in the sport. The nick-name "Tiger" was given to him by his father. Tiger Born: December 30, 1975 Long Beach, California.It's the same nick-name of a South Vietnamese combat buddy, Nguyen Phong, who saved Tiger's father's life a few times in the Vietnam War. Tiger now lives in a new home in Isleworth, Florida. Tiger moved to Florida because of the great golf weather and because he is always flying and time zone changes tired him out as he alway lost time when having to fly back to California. Tiger was 11-months old when he first started swinging a sawed off golf club in his garage. Tiger's Education: In the 7th grade Tiger had a GPA of 3.86! ) Tiger's Golf Coach: Butch Harmon Tiger's Agent: Hughes Norton of International Management Group Most Recent Award: ESPY (ESPN) Award "Breakthrough Athlete of the Year" Tiger is working on 2 golf books with Warner-Books he's getting paid .2 Million for them. Actually, rumor has it that Tyra Banks (The Super Model) is interested in him.However, the event windows and estimation windows greatly affected the test statistics.Tiger Woods' situation is, perhaps, the perfect case study for many papers that have found a negative stock market reaction to a scandal.The purpose of this paper is to determine if there was such a shock and to clarify the role that the estimation and event windows have on measuring its significance.The event study methodology is used for Tiger's core sports related sponsors: Electronic Arts (Tiger Woods PGA TOUR), Nike (Nike Golf), and Pepsi (Gatorade) and his sponsors that are unrelated to sports: AT&T, Accenture, and Procter & Gamble.In 1994 he came from six holes behind to win the first of his three consecutive U. Woods was able to generate such club speed that he routinely hit drives of more than 300 yards.His booming long game, coupled with his expert putting and chipping and his reputation for mental toughness, made him an intimidating opponent and a popular player among fans.Tiger's Driver (Big Golf Club) is only 43-inches long, an inch shorter than most clubs used by other professionals. Tiger's Driver Club head is moving at an average speed of 122 mph at impact with the ball.