Nandha, Mohan; Brooks, Robert; Faff, Robert W. - In: Journal of accounting & management information systems … 12 (2013) 2, pp. 302-318
airline stock prices. Overall, these findings are contrary to the general perception that higher oil prices or oil volatility …By selecting a globally representative dataset of airline indices, this study demonstrates that oil price or oil price … volatility and oil regimes determined by the globally significant events/shocks. …