Response of Financial Markets to COVID-19 Pandemic: A Review of Literature on Stock Markets

The objective of this research is to consolidate the literature published on the COVID-19 crisis impact on global stock markets to gain managerial implications from the crisis. It performs a thematic bibliometric review of the literature published in Scopus-ranked journals since the beginning of the...

Full description

Bibliographic Details
Main Authors: Bayu Arie Fianto, Masagus M. Ridhwan, Syed Alamdar Ali Shah, Muhammad Faris, Rafiatul Adlin Hj Mohd Ruslan
Format: Article
Language:English
Published: Ital Publication 2022-09-01
Series:Emerging Science Journal
Subjects:
Online Access:https://www.ijournalse.org/index.php/ESJ/article/view/1190
_version_ 1797798272245432320
author Bayu Arie Fianto
Masagus M. Ridhwan
Syed Alamdar Ali Shah
Muhammad Faris
Rafiatul Adlin Hj Mohd Ruslan
author_facet Bayu Arie Fianto
Masagus M. Ridhwan
Syed Alamdar Ali Shah
Muhammad Faris
Rafiatul Adlin Hj Mohd Ruslan
author_sort Bayu Arie Fianto
collection DOAJ
description The objective of this research is to consolidate the literature published on the COVID-19 crisis impact on global stock markets to gain managerial implications from the crisis. It performs a thematic bibliometric review of the literature published in Scopus-ranked journals since the beginning of the pandemic using FCWI, Piecharts, and VOSViewer. It identifies the most under-researched regions and eight emerging sub-themes. The research finds that the benchmark theme is market behavior during the COVID-19 crisis, whereas an emerging benchmark theme is the markets after the COVID-19 crisis. The holistic view of the literature supporting eight sub-themes suggests that the government's role is of utmost importance to handle the impact of the COVID-19 crisis, which should be industry-specific. It identifies that all eight sub-themes of the research are the future research directions in all and specifically in the South American, African, South East Asian, and Oceania regions till the crisis continues.   Doi: 10.28991/ESJ-2023-SPER-03 Full Text: PDF
first_indexed 2024-03-13T04:01:02Z
format Article
id doaj.art-628e226fa0664b2680a0e50901898563
institution Directory Open Access Journal
issn 2610-9182
language English
last_indexed 2024-03-13T04:01:02Z
publishDate 2022-09-01
publisher Ital Publication
record_format Article
series Emerging Science Journal
spelling doaj.art-628e226fa0664b2680a0e509018985632023-06-21T13:24:49ZengItal PublicationEmerging Science Journal2610-91822022-09-0170295410.28991/ESJ-2023-SPER-03390Response of Financial Markets to COVID-19 Pandemic: A Review of Literature on Stock MarketsBayu Arie Fianto0Masagus M. Ridhwan1Syed Alamdar Ali Shah2Muhammad Faris3Rafiatul Adlin Hj Mohd Ruslan4Department of Islamic Economics, Faculty of Economic and Business, Universitas Airlangga, Surabaya,Bank Indonesia Institute, Bank Indonesia, Jakarta,Department of Islamic Economics, Faculty of Economic and Business, Universitas Airlangga, Surabaya,Department of Neurosurgery, Faculty of Medicine, Universitas Airlangga, Surabaya,Universiti Teknologi MARA, Puncak Alam, Selangor,The objective of this research is to consolidate the literature published on the COVID-19 crisis impact on global stock markets to gain managerial implications from the crisis. It performs a thematic bibliometric review of the literature published in Scopus-ranked journals since the beginning of the pandemic using FCWI, Piecharts, and VOSViewer. It identifies the most under-researched regions and eight emerging sub-themes. The research finds that the benchmark theme is market behavior during the COVID-19 crisis, whereas an emerging benchmark theme is the markets after the COVID-19 crisis. The holistic view of the literature supporting eight sub-themes suggests that the government's role is of utmost importance to handle the impact of the COVID-19 crisis, which should be industry-specific. It identifies that all eight sub-themes of the research are the future research directions in all and specifically in the South American, African, South East Asian, and Oceania regions till the crisis continues.   Doi: 10.28991/ESJ-2023-SPER-03 Full Text: PDFhttps://www.ijournalse.org/index.php/ESJ/article/view/1190covid-19 crisisstock marketsthematic & bibiometric analysiseconomic growthmanagerial implication.
spellingShingle Bayu Arie Fianto
Masagus M. Ridhwan
Syed Alamdar Ali Shah
Muhammad Faris
Rafiatul Adlin Hj Mohd Ruslan
Response of Financial Markets to COVID-19 Pandemic: A Review of Literature on Stock Markets
Emerging Science Journal
covid-19 crisis
stock markets
thematic & bibiometric analysis
economic growth
managerial implication.
title Response of Financial Markets to COVID-19 Pandemic: A Review of Literature on Stock Markets
title_full Response of Financial Markets to COVID-19 Pandemic: A Review of Literature on Stock Markets
title_fullStr Response of Financial Markets to COVID-19 Pandemic: A Review of Literature on Stock Markets
title_full_unstemmed Response of Financial Markets to COVID-19 Pandemic: A Review of Literature on Stock Markets
title_short Response of Financial Markets to COVID-19 Pandemic: A Review of Literature on Stock Markets
title_sort response of financial markets to covid 19 pandemic a review of literature on stock markets
topic covid-19 crisis
stock markets
thematic & bibiometric analysis
economic growth
managerial implication.
url https://www.ijournalse.org/index.php/ESJ/article/view/1190
work_keys_str_mv AT bayuariefianto responseoffinancialmarketstocovid19pandemicareviewofliteratureonstockmarkets
AT masagusmridhwan responseoffinancialmarketstocovid19pandemicareviewofliteratureonstockmarkets
AT syedalamdaralishah responseoffinancialmarketstocovid19pandemicareviewofliteratureonstockmarkets
AT muhammadfaris responseoffinancialmarketstocovid19pandemicareviewofliteratureonstockmarkets
AT rafiatuladlinhjmohdruslan responseoffinancialmarketstocovid19pandemicareviewofliteratureonstockmarkets