Kosmidou, Kyriaki V.; Kousenidis, Dimitrios V.; … - In: Journal of Banking & Finance 50 (2015) C, pp. 440-454
Using a broad set of news reports about the Greek sovereign crisis, we tested for the impact of the troika bailout programs on the banking, financial, and real economic sectors of the Athens Stock Exchange (ASE). Our results reveal that the troika’s actions caused a shift in the systematic...