印度股市安全度过了俄乌风暴吗?

Q1 Economics, Econometrics and Finance
Dharen Kumar Pandey , Rima Assaf , Varun Kumar Rai
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引用次数: 3

摘要

本研究以1422只NSE上市股票为样本,采用事件研究方法,研究2022年俄罗斯入侵乌克兰对印度股市的影响。此外,横截面回归捕捉了能够驱动异常回报的公司特征。虽然印度股市的异常回报在入侵前和军事启动之日都是显著的负回报,但在入侵后,除t+6外,它们都是显著正回报。对企业特定变量的累积异常收益的横断面检验表明,虽然规模、杠杆率和BTM对入侵前的异常收益产生负面影响,但企业流动性不显著;在事件后时期,过去的收益率和股票波动率对异常收益率有正向影响,可以预测异常收益率。该研究为决策者、企业、银行和投资者管理其金融结构和做出明智的投资决策提供了重要启示。这些发现也可以应用于其他新兴市场,为决策者提供参考,并有助于更广泛地了解企业在危机期间的行为。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Did the Indian stock market sail the Russia-Ukraine storm safely?
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来源期刊
Journal of Economic Asymmetries
Journal of Economic Asymmetries Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
4.80
自引率
0.00%
发文量
42
审稿时长
50 days
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