Qiang Ji,Dayong Zhang,Yuqian Zhao
Qiang Ji
The ongoing COVID-19 pandemic has shaken the global financial system and caused great turmoil. Facing unprecedented risks in the markets, people have increasing needs to find a safe haven for their investments. Given that the nature of this...
Stock prices and geographic proximity of information: Evidence from the Ebola outbreak [0.03%]
埃博拉疫情爆发的股市反应与信息地理距离的关系
Riste Ichev,Matej Marinč
Riste Ichev
Behavioral finance studies reveal that investor sentiment affects investment decisions and may therefore affect stock pricing. This paper examines whether the geographic proximity of information disseminated by the 2014-2016 Ebola outbreak ...
COVID-19 pandemic, oil prices, stock market, geopolitical risk and policy uncertainty nexus in the US economy: Fresh evidence from the wavelet-based approach [0.03%]
基于小波方法的美国 COVID-19 大流行、油价、股市、地缘政治风险与政策不确定性的相互关系：最新证据
Arshian Sharif,Chaker Aloui,Larisa Yarovaya
Arshian Sharif
In this paper, we analyze the connectedness between the recent spread of COVID-19, oil price volatility shock, the stock market, geopolitical risk and economic policy uncertainty in the US within a time-frequency framework. The coherence wa...
They're back! Post-financialization diversification benefits of commodities [0.03%]
它们回来了！金融危机后的商品多样化收益
Marie-Hélène Gagnon,Guillaume Manseau,Gabriel J Power
Marie-Hélène Gagnon
Do alternative assets such as commodities improve portfolio diversification? The empirical evidence is generally positive but mixed, and almost exclusively focuses on U.S. data. Using several distinct commodity indexes over the period 1993-...
Does personal experience with COVID-19 impact investment decisions? Evidence from a survey of US retail investors [0.03%]
个人的COVID-19经历会影响投资决策吗？基于美国散户投资者调查的证据
Corina E Niculaescu,Ivan Sangiorgi,Adrian R Bell
Corina E Niculaescu
This paper explores the link between personal experience with COVID-19 and US retail investors' financial decision-making during the first COVID-19 wave. Do retail investors that have personally experienced COVID-19 change their investments...
Geographic dispersion and corporate resilience during the COVID-19 pandemic [0.03%]
新冠肺炎疫情下的地理分散与企业韧性分析
Fei Jiang,Dongmin Kong,Zhengfei Lu et al.
Fei Jiang et al.
This study demonstrates the positive role of geographic dispersion in corporate resilience to the COVID-19 pandemic in the context of China. This association is more pronounced when firms are highly dependent on the domestic market, less li...
The Covid-19 outbreak, corporate financial distress and earnings management [0.03%]
新冠肺炎疫情、公司财务困境与盈余管理
Abdullah A Aljughaiman,Tam Huy Nguyen,Vu Quang Trinh et al.
Abdullah A Aljughaiman et al.
This study explores the association between the Covid-19 outbreak, corporate financial distress and earnings management practices in China. We investigate whether firms took advantage of the downturn in economic conditions during the pandem...
Fabrizio Ferriani
Fabrizio Ferriani
We rely on the ESG ratings assigned by four distinct agencies (MSCI, Refinitiv, Robeco, and Sustainalytics) to study the link between ESG scores and firms' cost of debt financing during the Covid-19 pandemic. We document the existence of a ...
Have the predictability of oil changed during the COVID-19 pandemic: Evidence from international stock markets [0.03%]
新冠疫情对国际股市石油价格可预测性的影响分析
Hui Ding,Yisu Huang,Jiqian Wang
Hui Ding
The COVID-19 has undoubtfully brought fierce shocks to the real economic activities, financial market and public lives. Under this special condition, this study explores whether the predictability of crude oil futures information has change...
Heterogeneously informed trading and the stock market efficiency during the COVID-19 pandemic [0.03%]
异质性信息交易与新冠疫情期间的股市效率问题
Liao Xu,Mingqi Xue,Xuan Zhang et al.
Liao Xu et al.
This study investigates the U.S. stock market efficiency from the symmetric and asymmetric perspectives during the COVID-19 pandemic. We explore that the pandemic boosts (hurts) the information role of symmetrically (asymmetrically) informe...