Analysis of the Impact of Terrorist Bombing Acts on Abnormal Return and Trading Volume Activity: Study of Terrorist Bombings Worldwide (2008–2017)
Advanced Issues in the Economics of Emerging Markets
ISBN: 978-1-78973-578-9, eISBN: 978-1-78973-577-2
Publication date: 9 June 2020
Abstract
Several studies and research related to event study and terrorist bombing acts have different conclusions. Moreover, research on terrorist bombings worldwide has never been conducted. Hence, this research aims at examining the impact of terrorist bombing using the abnormal return variables by looking at all bombings around the world in the past 10 years. This research uses a paired t-test by looking at the abnormal return before, during, and after a bombing act. Results show no significant difference between the abnormal return before, during, and after bombing acts.
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Acknowledgements
Acknowledgments
We would like to express our great appreciation to Universitas Telkom for funding this research and all the assistants for their help in the data collection.
Citation
Firli, A. and Rahadian, D. (2020), "Analysis of the Impact of Terrorist Bombing Acts on Abnormal Return and Trading Volume Activity: Study of Terrorist Bombings Worldwide (2008–2017)", Barnett, W.A. and Sergi, B.S. (Ed.) Advanced Issues in the Economics of Emerging Markets (International Symposia in Economic Theory and Econometrics, Vol. 27), Emerald Publishing Limited, Leeds, pp. 13-26. https://doi.org/10.1108/S1571-038620200000027002
Publisher
:Emerald Publishing Limited
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