Border Disputes and Heterogeneous Sectoral Returns: An Event Study Approach

M. Kabir Hassan, Sabri Boubaker, Vineeta Kumari and Dharen Pandey
Additional contact information
Vineeta Kumari: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School

Post-Print from HAL

Abstract: We show heterogeneous impacts of two sorts of events using a sample of six events arising from the Indian border disputes in 2020. The NIFTY's sectoral indices reacted heterogeneously to both events. While a few sectors evidenced positive and negative abnormal returns, others were unaffected by the events. The cross-section of the abnormal returns reveals that higher risk and volatility lead to higher returns during the post-event window. © 2022

Keywords: Border disputes; Event study; NIFTY; Pandemic; Stock market; War events (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (19)

Published in Finance Research Letters, 2022, 50, ⟨10.1016/j.frl.2022.103277⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Border disputes and heterogeneous sectoral returns: An event study approach (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04454685

DOI: 10.1016/j.frl.2022.103277

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().