• Mi Re-Unir
    Búsqueda Avanzada
    JavaScript is disabled for your browser. Some features of this site may not work without it.
    Ver ítem 
    •   Inicio
    • RESULTADOS DE INVESTIGACIÓN
    • Artículos Científicos WOS y SCOPUS
    • Ver ítem
    •   Inicio
    • RESULTADOS DE INVESTIGACIÓN
    • Artículos Científicos WOS y SCOPUS
    • Ver ítem

    Impact of COVID-19 on listed European electricity companies: a comparative analysis of investment in renewable and traditional electricity

    Autor: 
    Clemente-Almendros, Jose A.
    ;
    Boldeanu, Florin Teodor
    ;
    Seguí-Amórtegui, Luis
    Fecha: 
    2022
    Palabra clave: 
    announcement; COVID-19; event study; lockdown; pandemic; stock market; Scopus; Emerging
    Revista / editorial: 
    Emerald Group Holdings Ltd.
    Tipo de Ítem: 
    article
    URI: 
    https://reunir.unir.net/handle/123456789/12871
    DOI: 
    https://doi.org/10.1108/JES-09-2021-0448
    Dirección web: 
    https://www.emerald.com/insight/content/doi/10.1108/JES-09-2021-0448/full/html
    Resumen:
    Purpose: The authors analyze the impact of COVID-19 on listed European electricity companies and differentiate between renewable and traditional electricity, to show the heterogenous characteristics of electricity subsectors and the differences between renewable and traditional electricity. Design/methodology/approach: Using the event study method, the authors calculate the cumulative average abnormal returns (ARs) before and after the World Health Organization pandemic announcement and the declaration of national lockdowns in Europe. Findings: The results show that while the European electricity sector was overall negatively impacted by the COVID-19 announcement, this impact was larger for renewable companies due to their riskier investment profile. Moreover, after the national lockdowns came into effect, the recovery in the financial markets return was smaller for the latter. Research limitations/implications: There may be variables to be included in the model to analyze possible differences between companies and countries, as well as alternative econometric models. Limited to the data, the authors did not investigate the different impact of the economic policy uncertainty from various countries inside or outside the EU. Practical implications: The results have important implications for both investors and policymakers since the heterogenous characteristics of electricity subsectors. This heterogeneity prompts different investor reactions, which are necessary to know and to understand. Originality/value: As far as the authors know, this is the first study that analyses the effect of COVID-19 in heterogeneity profile of both types of electricity, renewable and traditional. © 2021, Emerald Publishing Limited.
    Mostrar el registro completo del ítem
    Este ítem aparece en la(s) siguiente(s) colección(es)
    • Artículos Científicos WOS y SCOPUS

    Estadísticas de uso

    Año
    2012
    2013
    2014
    2015
    2016
    2017
    2018
    2019
    2020
    2021
    2022
    2023
    2024
    2025
    Vistas
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    38
    50
    75
    58
    Descargas
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0
    0

    Ítems relacionados

    Mostrando ítems relacionados por Título, autor o materia.

    • Is ESG Relevant to Electricity Companies during Pandemics? A Case Study on European Firms during COVID-19 

      Boldeanu, Florin Teodor; Clemente-Almendros, Jose A. ; Tache, Ileana; Seguí-Amórtegui, Luis (Sustainability, 2022)
      The electricity sector was negatively impacted by the coronavirus disease (COVID-19), with considerable declines in consumption in the initial phase. Investors were in turmoil, and stock prices for these companies plummeted. ...
    • A comparative study on renewable and traditional electricity: The influence of the European Union framework and the impact of COVID-19 

      Boldeanu, Florin Teodor; Clemente-Almendros, Jose A.; Seguí-Amórtegui, Luis; Duguleana, Constantin (PLoS ONE, 2022)
      By means of the event study approach, we analyse the effect of COVID-19 on listed European renewable and traditional electricity companies, inside and outside the European Union, for the pandemic announcement and lockdowns. ...
    • Understanding the relevance of family business, gender and value chains for SMEs' innovation in the context of COVID-19 

      Clemente-Almendros, Jose A.; González-González, Ines; Cerdá Suárez, Luis Manuel; Seguí-Amórtegui, Luis (International Journal of Entrepreneurial Behaviour and Research, 2023)
      Purpose: In this paper, the authors present an empirical framework that incorporates different factors of the impact of COVID-19 on small- and medium-sized enterprises (SMEs) in La Rioja, Spain, in relation to the value ...

    Mi cuenta

    AccederRegistrar

    ¿necesitas ayuda?

    Manual de UsuarioContacto: reunir@unir.net

    Listar

    todo Re-UnirComunidades y coleccionesPor fecha de publicaciónAutoresTítulosPalabras claveTipo documentoTipo de accesoEsta colecciónPor fecha de publicaciónAutoresTítulosPalabras claveTipo documentoTipo de acceso






    Aviso Legal Política de Privacidad Política de Cookies Cláusulas legales RGPD
    © UNIR - Universidad Internacional de La Rioja
     
    Aviso Legal Política de Privacidad Política de Cookies Cláusulas legales RGPD
    © UNIR - Universidad Internacional de La Rioja