Publication:
Stock market response to the Russia-Ukraine war: Evidence from an emerging market

dc.contributor.authorKELEŞ, EMRAH
dc.contributor.authorsKELEŞ E.
dc.date.accessioned2023-05-29T09:57:51Z
dc.date.accessioned2026-01-11T10:24:56Z
dc.date.available2023-05-29T09:57:51Z
dc.date.issued2023-01-01
dc.description.abstractThis study examines the role of financial factors contributing to firms’ resilience during the Russia-Ukraine war. Event study results show a significant adverse reaction, which started before the official war announcement and grew over time. Further, cross-sectional analyses uncover that the negative effect is mitigated for larger and more profitable firms but amplified for high market-cap firms with high cash and debt-holding; both effects are more pronounced for non-financial companies. This study contributes by exploring Turkey as a unique emerging market setting due to its significant geopolitical position, strategic trade, and business partnership with the European Union and Russia.
dc.identifier.citationKELEŞ E., "Stock Market Response to the Russia-Ukraine War: Evidence from an Emerging Market", Journal of East-West Business, 2023
dc.identifier.doi10.1080/10669868.2023.2210121
dc.identifier.issn1066-9868
dc.identifier.urihttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85159043890&origin=inward
dc.identifier.urihttps://hdl.handle.net/11424/289722
dc.language.isoeng
dc.relation.ispartofJournal of East-West Business
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectSosyal ve Beşeri Bilimler
dc.subjectCoğrafya
dc.subjectSosyoloji
dc.subjectİşletme
dc.subjectSocial Sciences and Humanities
dc.subjectGeography
dc.subjectSociology
dc.subjectManagement
dc.subjectTemel Bilimler (SCI)
dc.subjectSosyal Bilimler (SOC)
dc.subjectYerbilimleri
dc.subjectEkonomi ve İş
dc.subjectSosyal Bilimler Genel
dc.subjectCOĞRAFYA
dc.subjectİŞLETME
dc.subjectPLANLAMA VE GELİŞİM
dc.subjectNatural Sciences (SCI)
dc.subjectSocial Sciences (SOC)
dc.subjectGEOSCIENCES
dc.subjectECONOMICS & BUSINESS
dc.subjectSOCIAL SCIENCES, GENERAL
dc.subjectGEOGRAPHY
dc.subjectBUSINESS
dc.subjectPLANNING & DEVELOPMENT
dc.subjectİşletme ve Uluslararası Yönetim
dc.subjectSosyal Bilimler ve Beşeri Bilimler
dc.subjectCoğrafya, Planlama ve Geliştirme
dc.subjectGelişim
dc.subjectBusiness and International Management
dc.subjectSocial Sciences & Humanities
dc.subjectGeography, Planning and Development
dc.subjectDevelopment
dc.subjectEmerging market
dc.subjectresilience
dc.subjectRussia-Ukraine war
dc.subjectstock returns
dc.subjectEmerging market
dc.subjectresilience
dc.subjectRussia-Ukraine war
dc.subjectstock returns
dc.titleStock market response to the Russia-Ukraine war: Evidence from an emerging market
dc.typearticle
dspace.entity.typePublication

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