Affiliation:
1. T A Pai Management Institute, Manipal Academy of Higher Education, Manipal, India
Abstract
The paper examines the nexus between COVID-19-induced anxiety and the performance of SME stocks in China, India, and Japan. The performance of SME stocks is measured using the index which tracks the SME Exchange in each country. We use daily data on the number of COVID-19 cases and deaths to construct our anxiety index. Our findings suggest that the pandemic does not have a significant impact on the performance of SME stocks.
Publisher
Asia-Pacific Applied Economics Association
Reference29 articles.
1. Investor attention and stock market activity: Evidence from France;Amal Aouadi;Economic Modelling,2013
2. Innovation as recovery strategy for SMEs in emerging economies during the COVID-19 pandemic;Santiago Omar Caballero-Morales;Research in International Business and Finance,2021
3. In search of COVID-19 and stock market behavior;R. Chundakkadan;Global Finance Journal,2021
4. Dangerous infectious diseases: Bad news for Main Street, good news for Wall Street?;Michael Donadelli;Journal of Financial Markets,2017
5. Investor sentiment and stock returns;Kenneth L. Fisher;Financial Analysts Journal,2000
Cited by
2 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献