...&D and capital expenditure intensity. Finally, these reactions are reinforced or mitigated by other firm-specific characteristics such as size, profitability and institutional ownership. Originality/value The effect of the war on stock markets has been relatively little examined in the financial...

... of wars using event study analysis in many ways. Firstly, by focusing on the recent and geopolitically significant Hamas attack on Israel and then counterattack by Israel, the present study offers insights applicable to the complexities of the contemporary global landscape. The selection of the most...

..., cross-section analyses and interaction effects to study the effect of the war on airline stock prices and firm-specific characteristics that explain the cumulative abnormal return. Findings The authors observe a negative and statistically significant stock price reaction at and around the beginning...

...Victoria Ferrández-Serrano; Pedro L. Angosto-Fernández Purpose The authors present a study of the short-term impact of the Russian–Ukrainian war on global equity returns. The study aims to show that the conflict was priced into markets and whether the intensity of the impact depends on economic...