The Effect of WHO COVID-19 Announcement on Asian Stock Markets Returns: An Event Study Analysis
Year: 2020
Type: article
Abstract: This study aims to examine the effect of World Health Organization (WHO) declaring COVID-19 as a global pandemic on the stock market returns of the five largest Asian stock markets using event study analysis.Results obtained from this research shows that the WHO announcement had a significant negative effect on stock markets returns on major Asian stock markets.
Author: Musaed Sulaiman AlAli
Language: English
Topic: COVID-19 Pandemic Impacts
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W3048636655