Are the Financial Markets Sensitive to Hydrological Risk? Evidence from the Bovespa
This research analyzes the BOVESPA stock market response to the worst drought occurred in the last 100 years in Brazil. For this purpose, we conducted a standard event study analysis in order to assess the financial response to such hydrological risk on a sample of seven Brazilian agri-food firms. W...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-10-01
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Series: | Water |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-4441/12/11/3011 |