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The covid-19 pandemic and Indian pharmaceutical companies : an event study analysis

Although there is a plethora of studies which examine the impact of the COVID-19 pandemic on India?s financial sector, we contribute by investigating the effect of the ongoing COVID-19 pandemic on stock returns of Indian pharmaceutical companies. By employing an event study methodology, our results indicate that the average returns of the pharmaceutical sector are positive during the COVID-19 phase although mixed evidence is found at the firm level. This finding is also robust to alternative model specifications..

Ketersediaan

Call NumberLocationAvailable
PSB lt.2 - Karya Akhir1
Penerbit Bulletin of Monetary Economics and Banking.,
Edisi -
Subjek Stock return
Risks
Covid
19
Pademic
Pharmaceutical companies
Event study analysis
ISBN/ISSN -
Klasifikasi -
Deskripsi Fisik -
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