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                <text>Dominio científico: Coronavirus</text>
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              <text>International Evidence of COVID-19 and Stock Market Returns: An Event Study Analysis</text>
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              <text>Ahmad Bash</text>
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              <text>We study the effect of the first registered case of COVID-19 on stock market returns using event study analysis. Mean-adjusted returns and market model methods are used to estimate cumulative abnormal returns for 30 countries. The results show that stock market returns experience a downwards trend as well as significant negative returns following the COVID-19 outbreak.Keywords: COVID-19, event study, index returns; pandemicsJEL Classification: G14DOI: https://doi.org/10.32479/ijefi.9941</text>
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              <text>2020</text>
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              <text>Biotemas</text>
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              <text>Universidade Federal de Santa Catarina</text>
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              <text>Business, Economics as a science</text>
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