The Impact of Hurricanes on Investor Sentiment and Stock Market Returns

In this paper, we employ an event study methodology to examine the impact of hurricanes on investor sentiment and stock market returns. Our results show that there is a significant decrease in stock returns on the day hurricanes make landfall and one day prior. Additionally, we observe that not all...

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Bibliographic Details
Main Authors: Daniel Huerta, Daniel Perez-Liston
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 2011-09-01
Series:Global Business and Finance Review
Subjects:
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20160212133505-870DT.pdf