Sri Lanka suffered from a civil war for three decades and this conflict ended in 2009. This study examines the impact of 20 war related incidents on Sri Lankan Initial Public Offering (IPO) stocks from 2000 to 2009. The broad methodologies used were event study analysis, Ordinary least square regression analysis (OLS) and the generalized autoregressive conditional heteroscedasticity (GARCH (1,1)) model. Under regression, the main techniques used were the Chow breakpoint test (CBT) and dummy variable analysis. OLS dummy variable analysis and the ordinary GARCH model appeared to be the best estimators in measuring the impact of war, while 50% of events selected had a negative impact on IPO stock returns. The ordinary GARCH model is recommended for use in assessing the impact of war on specific security classes or industries.
Total Reviews: 0
Price:$9.99
March 2020 (International Review of Business Research Papers) → Ethical Factors Affecting the Financial Market: A Study from Bangladesh Perspectives
September 2016 (Journal of Modern Science and Technology) → Cost Effective Decisions on Service Rate at a Customer Care Centre with Multi-Server Queuing Model
September 2017 (International Review of Business Research Papers) → Remittance, Exchange Rate and Dutch Disease: The Case of Bangladesh
$9.99
July 2015 (Journal of Business and Policy Research) → Perceived Importance of Defensive Marketing Strategies Before and After Competitor Entry: Does Nationality Matter?
$9.99
March 2015 (World Journal of Management) → Characteristics of Community Entrepreneurs in Chiangmai, Thailand
$9.99
Reviews
There are no reviews yet.