Business

Archaeology

Stock (firearms)

Politics

Economy

Political science

Economics

Geography

Geopolitics

Context (archaeology)

Stock market

Spanish Civil War

Economic system

Applied Economics Letters

Since the explosion of the Russia-Ukraine war, the global stock markets have experienced considerable oscillation. Using data for 86 countries, this paper provides a comprehensive analysis to identify the roles of geopolitical, economic, institutional, humanitarian, industrial, and firm-related factors in explaining the heterogeneous abnormal returns for listed firms around the explosion of the war.

Comprehensive analysis of global stock market reactions to the Russia-Ukraine war