Corporate Debt and Stock Returns Evidence from U.S. Firms during the 2020 Oil Crash

This paper explores the effect of oil price fluctuations on the stock returns of U.S. oil firms using an identification strategy through heteroskedasticity, exploiting the 2020 oil price crash. The results are twofold. First, a decline in oil prices significantly reduces oil firms' stock return...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Arezki, Rabah (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C The World Bank 2022
Schlagworte:	Corporate Debt Corporate Governance Energy Energy Markets Energy Policies and Economics Oil and Gas Oil Company Debt Oil Firms Stock Returns Oil Markets Oil Price Fluctuation Oil Stocks Private Sector Development Private Sector Economics Volatility
Online-Zugang:	kostenfrei
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!