International political uncertainty and climate risk in the stock market
This paper investigates how political uncertainty interacts with an international firm's climate
risk in affecting the stock market. Using firms from 34 countries, we employ the presidential …
risk in affecting the stock market. Using firms from 34 countries, we employ the presidential …
Political/policy uncertainty, corporate disclosure, and information asymmetry
Political/policy uncertainty causes significant disruption to capital markets around the world.
This review synthesizes recent studies on this topic and provides suggestions for future …
This review synthesizes recent studies on this topic and provides suggestions for future …
Stock liquidity and firm-level political risk
KK Das, M Yaghoubi - Finance Research Letters, 2023 - Elsevier
Exploiting a novel measure of firm-level political risk based on earnings conference calls, we
examine the effect of firm-level political risk on stock liquidity. We show that liquidity …
examine the effect of firm-level political risk on stock liquidity. We show that liquidity …
Macroeconomic uncertainty shocks and households' consumption choice
Exploiting US households' consumption survey data, we study whether recently developed
indices of macroeconomic uncertainty (eg, Jurado et al., 2015; Baker et al., 2016; Bekaert et …
indices of macroeconomic uncertainty (eg, Jurado et al., 2015; Baker et al., 2016; Bekaert et …
Local official turnover and bank risk-taking: evidence from China
S Zhang, R Yuan, Y Li, L Chen, D Luo - Emerging Markets Review, 2024 - Elsevier
This study investigates the impact of turnover among local government officials on the risk-
taking of local commercial banks in China. Our findings reveal a positive relationship …
taking of local commercial banks in China. Our findings reveal a positive relationship …
CSR disclosure, political risk and market quality: Evidence from the Russia-Ukraine conflict
D Clancey-Shang, C Fu - Global Finance Journal, 2024 - Elsevier
In this study, we investigate the divergence in market quality between high-ESG
(Environmental, Social, and Governance) and low-ESG firms in response to the Russia …
(Environmental, Social, and Governance) and low-ESG firms in response to the Russia …
Trade competitiveness and the aggregate returns in global stock markets
Using the change in the real effective exchange rate (REER) to reflect trade
competitiveness, we examine its role in the cross-section of global equity returns. The …
competitiveness, we examine its role in the cross-section of global equity returns. The …
Is investing inherently emotionally arousing process? Fund manager perspective
Purpose This study aims to establish the factors affecting the financial investment decision-
making of an investor, with specific reference to investors' emotions and how various events …
making of an investor, with specific reference to investors' emotions and how various events …
M&As and political uncertainty: Evidence from the 2016 US presidential election
This paper investigates whether the takeover market has been affected by heightened
macroeconomic uncertainty, following President Trump's Election, both in the US and …
macroeconomic uncertainty, following President Trump's Election, both in the US and …
Economic policy uncertainty in OFDI host countries and the cross-section of stock returns
Y Peng, X Zhang - Journal of International Money and Finance, 2024 - Elsevier
This study examines the association between foreign economic policy uncertainty (FEPU)
originating from the host countries (regions) of outward foreign direct investment (OFDI) and …
originating from the host countries (regions) of outward foreign direct investment (OFDI) and …