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Analysis of the Impact of Terrorist Bombing Acts on Abnormal Return and Trading Volume Activity: Study of Terrorist Bombings Worldwide (2008–2017)

In: Advanced Issues in the Economics of Emerging Markets

Author

Listed:
  • Anisah Firli
  • Dadan Rahadian

Abstract

Several studies and research related to event study and terrorist bombing acts have different conclusions. Moreover, research on terrorist bombings worldwide has never been conducted. Hence, this research aims at examining the impact of terrorist bombing using the abnormal return variables by looking at all bombings around the world in the past 10 years. This research uses a paired t-test by looking at the abnormal return before, during, and after a bombing act. Results show no significant difference between the abnormal return before, during, and after bombing acts.

Suggested Citation

  • Anisah Firli & Dadan Rahadian, 2020. "Analysis of the Impact of Terrorist Bombing Acts on Abnormal Return and Trading Volume Activity: Study of Terrorist Bombings Worldwide (2008–2017)," International Symposia in Economic Theory and Econometrics, in: Advanced Issues in the Economics of Emerging Markets, volume 27, pages 13-26, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:isetez:s1571-038620200000027002
    DOI: 10.1108/S1571-038620200000027002
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