Does invasion Russia-Ukraine affect to global financial market? evidence from consumers’ staples sectors

Does invasion Russia-Ukraine affect to global financial market? evidence from consumers’ staples sectors

This study aims to comprehensively analyze the market reaction within the consumer staples sector towards the Russian invasion of Ukraine. With a sample size of 2376 companies operating in the consumer staples industry, the event study method utilizing cumulative abnormal return (CAR) is employed to...

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Bibliographic Details
Main Authors: Rizky Yudaruddin, Fitriansyah, Dadang Lesmana, Ratih Fenty Anggraini Bintoro, Adi Hendro Purnomo, Bramantyo Adi Nugroho, Eka Nor Santi
Format: Article
Language:English
Published: Elsevier 2023-09-01
Series:Journal of Open Innovation: Technology, Market and Complexity
Subjects:
Market Reaction
Russian-Ukraine Invasion
Consumer Staples
Online Access:http://www.sciencedirect.com/science/article/pii/S2199853123001889

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