Alber, Nader - In: Journal of applied finance & banking 3 (2013) 3, pp. 29-43
This paper aims at analyzing the “industry effect” on stock market reaction to global financial crisis. This has been conducted using a sample of 4 stock markets, and covering the period from 2007 to 2011. Kruskal-Wallis tests indicated that we could accept hypotheses regarding the effects...