... uses the event study method to examine the impact of the CSRD implementation (5 January 2023) on stock market returns in 27 European Economic Area nations. We use the market model estimation with a 252-day estimation window and a 15-day event window. The MSCI European Union index serves...

... behavior surrounding these events, the study evaluates whether the market efficiently processed war-related information and whether any persistent anomalies emerged across firms and sectors. Design/methodology/approach We applied an event study methodology using daily stock returns of US-listed firms...

..., including an Interrupted Time Series (ITS), Local Projections (LP), Event Study, and Quantile Regression (QR). All models control for key macro-financial factors, including the Economic Policy Uncertainty Index (EPU), the CBOE Volatility Index (VIX), and the US Dollar Index (DXY). Newey-West...

...-commerce firms using an event study methodology. Findings We find a positive and statistically significant reaction of e-commerce firms to the first case of COVID-19, to the declaration of global health emergency by the WHO, the three waves of COVID-19 contamination and to the good results of Pfizer...

.../approach Using daily closing prices of 1,832 companies listed on major US stock indexes from December 1, 2022, to February 29, 2024, this study applies the event study methodology to assess market reactions. Multiple event windows, including 15-day pre- and post-event periods, are analyzed to capture...

...) Were export-oriented sectors disproportionately impacted? (3) How does firm-level exposure to international trade modulate the magnitude of response?. It aims to bridge gaps in understanding trade policy transmission in emerging markets. Design/methodology/approach Employing event study methodology...

.../approach This study adopts the event study method with the market model to estimate normal returns. It uses a 252-day estimation window (−254, −3) and a five-day event window (−2, +2). This study uses both parametric and non-parametric test statistics for hypothesis testing. The sample includes 1,877...

... (conventional vs. unconventional) exert the most significant influence on bank stock performance? Design/methodology/approach Utilizing an event study approach combined with panel regression analysis, this research evaluates the impact of 77 key ECB policy interventions on the stock prices of 14 large...

... Sustainability World Index (DJSI World) and the Dow Jones Sustainability Index Emerging Markets (DJSI EM). Design/methodology/approach The study has employed the event study methodology to understand the intermediate and immediate abnormal reaction of the inclusion and exclusion event from the DJSI World...

... trading partner countries' stock performance. Design/methodology/approach Event study methodology is applied using Morgan Stanley Capital Index (MSCI) as a benchmark index. The influence of the Israel-Hamas war on the world's major stock markets is evaluated using a market model. The study takes...

...Dharen Kumar Pandey Purpose This study examines the immediate impact of the Israel-Iran conflict on global stock markets and currency pairs, focusing on how these effects vary by market maturity and geographic region. Design/methodology/approach This study uses the event study method...

... the world’s 100 largest listed defense firms at and around the beginning of the military conflict between Russia and Ukraine using an event-study methodology. Findings We observe a positive and statistically significant stock price reaction at and around the beginning of the military conflict...

... Investment country classification). Design/methodology/approach The market model of event study methodology, with an estimation window of 200 days and 28-day event window (including event day, i.e. October 7, 2023), has been employed to investigate the event’s impact on the stock markets of different...

...António Miguel Martins; Susana Cró Purpose This paper investigates the short-term market impact of the beginning of the military conflict between Russia and Ukraine (February 24, 2022) on a set of airline stocks listed. Design/methodology/approach This study uses an event study methodology...

...Rizky Yudaruddin; Dadang Lesmana Purpose This study aims to investigate the market reaction to the Russian invasion of Ukraine, specifically in the banking sector. Design/methodology/approach The research uses an event study and cross-sectional analysis, with market reaction measured...

... separately investigates the response of private sector banks, public sector banks, overall banking companies and financial services companies to the takeover of the second-largest financial institution in Switzerland. Design/methodology/approach The study employs event study methodology, using the market...

... of the Russia–Ukraine war on various sectoral indices of the Indian economy. Design/methodology/approach Event study methodology has been used in this study for analysis. The date of the war announcement is the event day. The sample studied includes ten sectors of the Indian economy listed on the National...

...- to 9-month career interruption of young men) on labor market and family-related outcomes, conducted by Puhani and Sterrenberg (2021) for Germany, suggest a reduction in the wages of the 1976 and later birth cohorts. Mandatory conscription Fertility Event study Difference-in-differences Spain...

... to June 2022. An event study methodology has been employed to check abnormal variation in the CPI, after classifying country-specific monthly data into nine groups. Findings The outcome revealed that Russia's full-scale invasion of Ukraine triggered inflation globally. However, the severity...

... factors, such as dependence on gas, or/and political factors, such as belonging to the former Soviet power circle. Design/methodology/approach Using the event study and a sample of 77 capital markets, accounting for over 99% of global capitalisation, the authors apply a system of seemingly unrelated...