The distant echo of Brexit: Did exporters suffer the most?

Krzysztof Jackowicz, Łukasz Kozłowski and Błażej Podgórski

Finance Research Letters, 2017, vol. 21, issue C, 132-139

Abstract: This study investigates price adjustments on the Warsaw Stock Exchange after the referendum on Brexit. Contrary to our expectations, we found that investors’ reactions were uniform with regard to the firms’ dependence on European markets or reliance on export activities in general. Other fundamental factors only moderately influenced investors’ decisions.

Keywords: Brexit; Emerging markets; Post-transition economies; Investors’ reactions (search for similar items in EconPapers)
JEL-codes: G14 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:21:y:2017:i:c:p:132-139

DOI: 10.1016/j.frl.2016.11.012

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