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Keywords: Event study
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Journal Articles
The market reaction of energy companies to the announcement of the Russian–Ukrainian invasion
Open Access
European Journal of Management and Business Economics (2026) 35 (2): 290–306.
Published: 04 June 2024
.../methodology/approach This study utilizes a sample of 1,511 energy sector companies. To achieve the research objectives, two methods are employed. First, an event study is used to analyze the market reaction using Cumulative Abnormal Return (CAR) to the announcement of Russia's invasion of Ukraine on February...
