Abstract
This study examines the impact of the Russian invasion of Ukraine on the Nordic stock markets in the Nordic region. Using the event study methodology and regression analysis, the study analyzes the effects of key events related to the invasion.
The research findings indicate a significant and discernible impact of the Russian invasion on the Nordic stock markets. The event study analysis reveals noteworthy fluctuations in stock prices during the events, suggesting a market response to the invasion. Regression analysis further explores the post-event performance of industries, highlighting the heterogeneity of impacts across
different sectors.
The study contributes to our understanding of the interplay between geopolitical events, stock market performance, and industry disparities in the Nordic region. It provides valuable insights for investors, policymakers, and market participants in assessing the potential consequences of geopolitical events on stock market outcomes.
Overall, this research provides compelling evidence of the impact of the Russian invasion of Ukraine on the Nordic stock markets. The event study methodology and regression analysis offer a comprehensive assessment of the effects, capturing both the overall market response and industryspecific dynamics. These findings enhance our understanding of the complex relationship between
geopolitical events and stock market performance in the Nordic region, highlighting the importance of considering industry disparities in analyzing market outcomes.
| Educations | MSc in Accounting, Strategy and Control, (Graduate Programme) Final Thesis |
|---|---|
| Language | English |
| Publication date | 2023 |
| Number of pages | 88 |
| Supervisors | Ole Vagn Sørensen |