Evaluation of conflict hazard and financial risk in the E7 economies’ capital markets
The purpose of this research is to examine the interaction between financial stress and conflict risk having impacts on fi nancial instruments in capital markets within an interdisciplinary frame. The Fuzzy TOPSIS method is applied in order to analyse effects of conflict hazard on capital markets an...
| Main Authors: | , |
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| Format: | Article |
| Language: | deu |
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Faculty of Economics University of Rijeka
2013-06-01
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| Series: | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
| Subjects: | |
| Online Access: | https://www.efri.uniri.hr/sites/efri.uniri.hr/files/cr-collections/2/hacioglu-dincer-2013-1.pdf |
| _version_ | 1818266797825064960 |
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| author | Ümit Hacıoğlu Hasan Dinçer |
| author_facet | Ümit Hacıoğlu Hasan Dinçer |
| author_sort | Ümit Hacıoğlu |
| collection | DOAJ |
| description | The purpose of this research is to examine the interaction between financial stress and conflict risk having impacts on fi nancial instruments in capital markets within an interdisciplinary frame. The Fuzzy TOPSIS method is applied in order to analyse effects of conflict hazard on capital markets and fi nancial instruments in the E7 economies and to demonstrate the best possible ranks of the E7 economies based on performance evaluation criteria. In order to obtain the dynamics of data as to develop a suffi cient reference bases for expert opinions, conflict hazard index and fi nancial stress index have been structured. The empirical results confirm that there is strong relation between fi nancial stress index and confl ict hazard index for the E7 economies. The fundamental conclusion demonstrates the effects of the financial and conflict risks for the stock selection in the E7 economies by the criteria derived from the Financial Stress Index and Confl ict Risk Index. |
| first_indexed | 2024-12-12T20:12:25Z |
| format | Article |
| id | doaj.art-f0c6df50eb494a39843f4cd07e13b1c2 |
| institution | Directory Open Access Journal |
| issn | 1331-8004 |
| language | deu |
| last_indexed | 2024-12-12T20:12:25Z |
| publishDate | 2013-06-01 |
| publisher | Faculty of Economics University of Rijeka |
| record_format | Article |
| series | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
| spelling | doaj.art-f0c6df50eb494a39843f4cd07e13b1c22022-12-22T00:13:29ZdeuFaculty of Economics University of RijekaZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu1331-80042013-06-0131179102Evaluation of conflict hazard and financial risk in the E7 economies’ capital marketsÜmit HacıoğluHasan DinçerThe purpose of this research is to examine the interaction between financial stress and conflict risk having impacts on fi nancial instruments in capital markets within an interdisciplinary frame. The Fuzzy TOPSIS method is applied in order to analyse effects of conflict hazard on capital markets and fi nancial instruments in the E7 economies and to demonstrate the best possible ranks of the E7 economies based on performance evaluation criteria. In order to obtain the dynamics of data as to develop a suffi cient reference bases for expert opinions, conflict hazard index and fi nancial stress index have been structured. The empirical results confirm that there is strong relation between fi nancial stress index and confl ict hazard index for the E7 economies. The fundamental conclusion demonstrates the effects of the financial and conflict risks for the stock selection in the E7 economies by the criteria derived from the Financial Stress Index and Confl ict Risk Index.https://www.efri.uniri.hr/sites/efri.uniri.hr/files/cr-collections/2/hacioglu-dincer-2013-1.pdfFinancial riskconflictfinancial stressFuzzyTOPSIS |
| spellingShingle | Ümit Hacıoğlu Hasan Dinçer Evaluation of conflict hazard and financial risk in the E7 economies’ capital markets Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu Financial risk conflict financial stress Fuzzy TOPSIS |
| title | Evaluation of conflict hazard and financial risk in the E7 economies’ capital markets |
| title_full | Evaluation of conflict hazard and financial risk in the E7 economies’ capital markets |
| title_fullStr | Evaluation of conflict hazard and financial risk in the E7 economies’ capital markets |
| title_full_unstemmed | Evaluation of conflict hazard and financial risk in the E7 economies’ capital markets |
| title_short | Evaluation of conflict hazard and financial risk in the E7 economies’ capital markets |
| title_sort | evaluation of conflict hazard and financial risk in the e7 economies capital markets |
| topic | Financial risk conflict financial stress Fuzzy TOPSIS |
| url | https://www.efri.uniri.hr/sites/efri.uniri.hr/files/cr-collections/2/hacioglu-dincer-2013-1.pdf |
| work_keys_str_mv | AT umithacıoglu evaluationofconflicthazardandfinancialriskinthee7economiescapitalmarkets AT hasandincer evaluationofconflicthazardandfinancialriskinthee7economiescapitalmarkets |