Western terrorism and stock market returns

dc.contributorAalto Universityen
dc.contributorAalto-yliopistofi
dc.contributor.advisorUngeheuer, Michael
dc.contributor.authorKoivuaho, Fady
dc.contributor.departmentRahoituksen laitosfi
dc.contributor.schoolKauppakorkeakoulufi
dc.contributor.schoolSchool of Businessen
dc.date.accessioned2019-12-29T17:00:08Z
dc.date.available2019-12-29T17:00:08Z
dc.date.issued2019
dc.description.abstractIn this thesis I study the effects of Western terrorist attacks on Western country-level market returns in select 15 countries using a sample of over 3000 attacks between 1970-2018. I find that terrorist attacks in general do not produce a statistically significant effect on market returns. This result does not change when only observing attacks with a high number of casualties. However, terrorist attacks that have caused major economic damage have a significant effect on market returns in five of the countries observed.en
dc.format.extent18
dc.identifier.urihttps://aaltodoc.aalto.fi/handle/123456789/41795
dc.identifier.urnURN:NBN:fi:aalto-201912296741
dc.language.isoenen
dc.programmeRahoitusen
dc.subject.keywordTerrorismen
dc.subject.keywordStocken
dc.subject.keywordMarketen
dc.subject.keywordReturnen
dc.titleWestern terrorism and stock market returnsen
dc.typeG1 Kandidaatintyöfi
dc.type.ontasotBachelor's thesisen
dc.type.ontasotKandidaatintyöfi

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