Stock markets’ reaction to Covid-19: Moderating role of national culture

•Stock markets around the world reacted to the Covid-19 pandemic with negative returns•However, stock markets’ reaction was not uniform across countries•National-level uncertainty avoidance moderates the stock markets’ reaction to the pandemic.•Decline in stock market returns due to the Covid-19 con...

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Veröffentlicht in:Finance research letters 2021-07, Vol.41, p.101857-101857, Article 101857
1. Verfasser: Ashraf, Badar Nadeem
Format: Artikel
Sprache:eng
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