Butt, Muhammad Saqib Bashir; Mohd Taib, Hasniza - In: Business, mangagement and economics engineering : BMEE 19 (2021) 2, pp. 198-211
Purpose - This paper investigates whether the macroeconomic factors affect the firm stock returns volatility differently depending on their location in different sectors. For this purpose, daily financial time-series data for 683 firms located in nine US sectors for the period of 2000 to 2017...