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DC Field | Value | Language |
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dc.contributor.author | Antohi, Valentin Marian | - |
dc.contributor.author | Zlati, Monica Laura | - |
dc.contributor.author | Ionescu, Romeo Victor | - |
dc.contributor.author | Dincă, Marius Sorin | - |
dc.contributor.author | Fortea, Costinela | - |
dc.date.accessioned | 2024-04-11T07:33:35Z | - |
dc.date.available | 2024-04-11T07:33:35Z | - |
dc.date.issued | 2024 | - |
dc.identifier.citation | Antohi, V. M., Zlati, M. L., Ionescu, R. V., Dincă, M. S., & Fortea, C. (2024). Analysing the disruptive effect of economic downturns on stock market crashes in European financial markets. European Research Studies Journal, 27(1), 383-396. | en_GB |
dc.identifier.uri | https://www.um.edu.mt/library/oar/handle/123456789/120669 | - |
dc.description.abstract | PURPOSE: Earlier this year in March, European financial markets faced a financial crisis generated by security incidents in America ending with the failure of Silicon Valley and Signature Bank. This was a time when the intervention of guarantee bodies was needed to temper the financial shock. | en_GB |
dc.description.abstract | DESIGN/METHODOLOGY/APPROACH: The methods consist of quantifying the analyses’ effects of the economic slowdown on stock market prices by identifying the risk of a stock market crash through an analysis of stock market prices in Frankfurt, Paris, Madrid, Milan and Amsterdam. As a result, we proposed five new econometric models regarding risks on financial markets. | en_GB |
dc.description.abstract | FINDINGS: We appreciate that uncertainty conditions manifest a direct influence on economic deceleration, there is a knock-on effect of the main drivers of uncertainty, hyperinflation, rising interest rates, economic deceleration and financial quotes of companies traded on financial markets. The effects of the financial shock manifested itself in the decline of shares of several regional banks such as First Republic Bank, Western Alliance Bancorporation and PacWest Bancorp. There have also been effects in Europe, the biggest being the collapse of the giant Credit Suisse, which was taken over by UBS as a solution to restore confidence in the financial mechanisms of the European markets. | en_GB |
dc.description.abstract | PRACTICAL IMPLICATIONS: The results of the study will highlight the effect of economic stress on the magnitude of price movements and the conditions for triggering stock market crashes. | en_GB |
dc.description.abstract | ORIGINALITY/VALUE: The results of the study will be useful tools for financial decision-makers to increase the level of financial security and could form the basis for changes in the financial strategy of listed entities. | en_GB |
dc.language.iso | en | en_GB |
dc.publisher | University of Piraeus. International Strategic Management Association | en_GB |
dc.rights | info:eu-repo/semantics/openAccess | en_GB |
dc.subject | Economic development -- Europe | en_GB |
dc.subject | Europe -- Economic conditions | en_GB |
dc.subject | Financial crises | en_GB |
dc.subject | Stocks -- Prices | en_GB |
dc.subject | Uncertainty | en_GB |
dc.title | Analysing the disruptive effect of economic downturns on stock market crashes in European financial markets | en_GB |
dc.type | article | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder. | en_GB |
dc.description.reviewed | peer-reviewed | en_GB |
dc.identifier.doi | 10.35808/ersj/3365 | - |
dc.publication.title | European Research Studies Journal | en_GB |
Appears in Collections: | European Research Studies Journal, Volume 27, Issue 1 |
Files in This Item:
File | Description | Size | Format | |
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ERSJ27(1)A22.pdf | 645.96 kB | Adobe PDF | View/Open |
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