Sureshkumar, Varsha; Balasubramanian, P. - In: Cogent economics & finance 9 (2021) 1, pp. 1-30
firms and a broader group of industries in its analysis compared to prior studies. Secondly, the changes to systematic risk … due to demonetisation across industries with listed firms was measured. The study uses event study methodology over a … thirteen-day event window (six days before and six days after the announcement) to test for abnormal returns across 1 …