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 |
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Sprache: | eng |
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