Comprehensive analysis of global stock market reactions to the Russia-Ukraine war
Meihong Sun, Chao Zhang
Abstract
Since the explosion of the Russia-Ukraine war, the global stock markets have experienced considerable oscillation. Using data for 86 countries, this paper provides a comprehensive analysis to identify the roles of geopolitical, economic, institutional, humanitarian, industrial, and firm-related factors in explaining the heterogeneous abnormal returns for listed firms around the explosion of the war.
Topics & Concepts
GeopoliticsStock marketSpanish Civil WarStock (firearms)EconomicsBusinessEconomyEconomic systemPolitical scienceGeographyPoliticsContext (archaeology)ArchaeologyLawEnvironmental and Biological Research in Conflict ZonesEconomic Sanctions and International RelationsMarket Dynamics and Volatility