assertion by determining whether religiosity in countries is negatively associated with volatility in financial markets. Using a … country's religiosity by examining the volatility of American Depositary Receipts (ADRs) while conditioning on a number of …Prior research argues that religiosity increases the ethical behavior and levels of risk aversion of firm managers. To …

Predicting volatility is a must in the finance domain. Estimations of volatility, along with the central tendency … research is to analyze the influence of COVID-19 on the return and volatility of the stock market indices of the top 10 … volatility remains higher than in normal periods, signaling a bearish tendency in the market. The COVID variable, as an exogenous …