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| Tekijä: | Brounrn, D. Derwall, J. |
| Otsikko: | The impact of terrorist attacks on international stock markets |
| Lehti: | European Financial Management
2010 : SEP, VOL. 16:4, p. 585-598 |
| Asiasana: | event studies stock markets international marketing risk sharing |
| Vapaa asiasana: | terrorist attacks earthquakes September 11th attacks abnormal returns dataset significant events |
| Kieli: | eng |
| Tiivistelmä: | This paper focuses on the effects of terrorist attacks on stock markets and using a dataset that covers all significant events and that directly relate to the major economies of the world.The results suggests the following: i) The terrorist attacks produce mildly negative price effects.ii) That financial markets react strongly to terror events but then recover swiftly and soon return to business as usual. |
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