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...
| Main Authors: | , , |
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| Format: | Article |
| Language: | deu |
| Published: |
Lodz University Press
2023-03-01
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| Series: | Finanse i Prawo Finansowe |
| Subjects: | |
| Online Access: | https://czasopisma.uni.lodz.pl/fipf/article/view/15700 |
| _version_ | 1827974133998157824 |
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| author | Volkan Dayan Monika Bolek Juan E. Trinidad-Segovia |
| author_facet | Volkan Dayan Monika Bolek Juan E. Trinidad-Segovia |
| author_sort | Volkan Dayan |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-04-09T19:49:59Z |
| format | Article |
| id | doaj.art-9656c842cb0f46e784e31cf48f1e4b00 |
| institution | Directory Open Access Journal |
| issn | 2391-6478 2353-5601 |
| language | deu |
| last_indexed | 2024-04-09T19:49:59Z |
| publishDate | 2023-03-01 |
| publisher | Lodz University Press |
| record_format | Article |
| series | Finanse i Prawo Finansowe |
| spelling | doaj.art-9656c842cb0f46e784e31cf48f1e4b002023-04-03T10:11:50ZdeuLodz University PressFinanse i Prawo Finansowe2391-64782353-56012023-03-0113773110.18778/2391-6478.1.37.0115463The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking SectorsVolkan Dayan0https://orcid.org/0000-0002-4297-4212Monika Bolek1https://orcid.org/0000-0001-9376-1105Juan E. Trinidad-Segovia2https://orcid.org/0000-0002-5017-2615Department of Banking and Insurance, Uzunkopru School of Applied Sciences Trakya University, Edirne-TurkeyDepartment of Corporate Finance, Faculty of Economics and Sociology, University of Lodz, Lodz-PolandDepartment of Accounting and Financial, Faculty of Economics and Business, Universidad de Almeria, Almeria-SpainThe 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.https://czasopisma.uni.lodz.pl/fipf/article/view/15700covid-19coronavirusstock priceseu countriesardl |
| spellingShingle | Volkan Dayan Monika Bolek Juan E. Trinidad-Segovia The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking Sectors Finanse i Prawo Finansowe covid-19 coronavirus stock prices eu countries ardl |
| title | The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking Sectors |
| title_full | The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking Sectors |
| title_fullStr | The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking Sectors |
| title_full_unstemmed | The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking Sectors |
| title_short | The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking Sectors |
| title_sort | impact of covid 19 cases on stock prices of selected companies representing tourism and banking sectors |
| topic | covid-19 coronavirus stock prices eu countries ardl |
| url | https://czasopisma.uni.lodz.pl/fipf/article/view/15700 |
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