Stock market reaction to the military conflict between Russia and Ukraine: an event study for the European tourism and hospitality industry
ABSTRACTThis paper examines the short-term market reaction of European tourism and hospitality industry to the beginning of the military conflict between Russia and Ukraine (24 February 2022). Using an event study, for a sample of 165 listed firms, we observe a negative and statistically significant...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2023-12-01
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Series: | Journal of Applied Economics |
Subjects: | |
Online Access: | https://www.tandfonline.com/doi/10.1080/15140326.2023.2261756 |