The Impact of COVID-19 Cases on Stock Prices of Selected Companies Representing Tourism and Banking Sectors

Volkan Dayan; Monika Bolek; Juan E. Trinidad-Segovia

doi:10.18778/2391-6478.1.37.01

Autor

Volkan Dayan Department of Banking and Insurance, Uzunkopru School of Applied Sciences Trakya University, Edirne-Turkey https://orcid.org/0000-0002-4297-4212
Monika Bolek Department of Corporate Finance, Faculty of Economics and Sociology, University of Lodz, Lodz-Poland https://orcid.org/0000-0001-9376-1105
Juan E. Trinidad-Segovia Department of Accounting and Financial, Faculty of Economics and Business, Universidad de Almeria, Almeria-Spain https://orcid.org/0000-0002-5017-2615

DOI:

https://doi.org/10.18778/2391-6478.1.37.01

Słowa kluczowe:

Covid-19, Coronavirus, Stock Prices, EU Countries, ARDL

Abstrakt

The purpose of the article/hypothesis: The purpose of the article is to analyse the relationship between stock prices of selected companies and COVID-19 cases in those countries where the tourism and banking sectors have a high share of national income, such as Croatia, Italy and Spain.

Methodology: The methods used are Breakpoint Unit Root Tests to determine whether a time series is stationary or not, and ARDL cointegration technique for cointegration testing.

Results of the research: It was found that the number of COVID-19 cases negatively impacted the tourism and banking market in surveyed EU countries.

Pobrania

Brak dostępnych danych do wyświetlenia.

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