Western terrorism and stock market returns
| dc.contributor | Aalto University | en |
| dc.contributor | Aalto-yliopisto | fi |
| dc.contributor.advisor | Ungeheuer, Michael | |
| dc.contributor.author | Koivuaho, Fady | |
| dc.contributor.department | Rahoituksen laitos | fi |
| dc.contributor.school | Kauppakorkeakoulu | fi |
| dc.contributor.school | School of Business | en |
| dc.date.accessioned | 2019-12-29T17:00:08Z | |
| dc.date.available | 2019-12-29T17:00:08Z | |
| dc.date.issued | 2019 | |
| dc.description.abstract | In 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.extent | 18 | |
| dc.identifier.uri | https://aaltodoc.aalto.fi/handle/123456789/41795 | |
| dc.identifier.urn | URN:NBN:fi:aalto-201912296741 | |
| dc.language.iso | en | en |
| dc.programme | Rahoitus | en |
| dc.subject.keyword | Terrorism | en |
| dc.subject.keyword | Stock | en |
| dc.subject.keyword | Market | en |
| dc.subject.keyword | Return | en |
| dc.title | Western terrorism and stock market returns | en |
| dc.type | G1 Kandidaatintyö | fi |
| dc.type.ontasot | Bachelor's thesis | en |
| dc.type.ontasot | Kandidaatintyö | fi |