Purpose: This paper aims to investigate whether idiosyncratic volatility is a priced risk factor in the Australian stock market. Design/methodology/approach: The authors use the change in idiosyncratic volatility around acquisition announcements and the related stock price revaluation to test...

This article explores the impact of fuel price movements on the stock market return of 2020 during the Covid-19 disruptions. In the study, a time-varying parameter VAR model was used to examine a time-varying causal association between oil prices and stock market returns. Data used in this study...