The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking Sectors

The purpose of the article/hypothesis: The purpose of the article is to analyse the relationship between stock prices of selected companies and COVID-19 cases in those countries where the tourism and banking sectors have a high share of national income, such as Croatia, Italy and Spain. Methodolog...

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Bibliographic Details
Main Authors: Volkan Dayan, Monika Bolek, Juan E. Trinidad-Segovia
Format: Article
Language:deu
Published: Lodz University Press 2023-03-01
Series:Finanse i Prawo Finansowe
Subjects:
Online Access:https://czasopisma.uni.lodz.pl/fipf/article/view/15700
Description
Summary:The purpose of the article/hypothesis: The purpose of the article is to analyse the relationship between stock prices of selected companies and COVID-19 cases in those countries where the tourism and banking sectors have a high share of national income, such as Croatia, Italy and Spain. Methodology: The methods used are Breakpoint Unit Root Tests to determine whether a time series is stationary or not, and ARDL cointegration technique for cointegration testing. Results of the research: It was found that the number of COVID-19 cases negatively impacted the tourism and banking market in surveyed EU countries.
ISSN:2391-6478
2353-5601