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Assessing the Impact of the COVID-19 Pandemic on the Greek Energy Firms - An Event Study Analysis

Michael Polemis () and Symeoni Soursou ()
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Symeoni Soursou: Asia Pacific Applied Economics Association

Energy RESEARCH LETTERS, 2021, vol. 1, issue 1, 1-4

Abstract: This study examines the impact of the COVID-19 pandemic on the stock returns of 11 Greek energy listed companies. Using an event study approach covering a window of 10 days before and 10 days after the general lockdown (23/3/2020), we show that the pandemic influenced returns of the majority of the listed energy firms. However, diverging from the event day sees the negative effects dissipating.

Keywords: covid-19; energy industry; financial performance; event study analysis (search for similar items in EconPapers)
JEL-codes: O (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)

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