Additionally to the financial crisis causing a world recession, Liechtenstein’s financial sector has been challenged by … the so-called "Zumwinkel-Affair" when a whistle-blower sold data of hundreds of tax evaders to international tax … banks from Liechtenstein. An "unconventional" augmented GARCH-model (labelled as "augmented amalGARCH"), which outperforms …

and the influences of volatility. Using a sample of 46 stocks listed in the Stock Exchange of Thailand, in this paper, an … event study technique is developed considering idiosyncratic volatility to analyze the reactions of stock prices and market … volatility in Thailand during the period of the pandemic. The empirical results suggest that most securities in the Thai stock …