Presidential Elections and Stock Returns in Egypt

Review of Business & Finance Studies, v. 4 (2) p. 63-68

6 Pages Posted: 5 Sep 2013

Date Written: 2013

Abstract

This paper examines the relationship between two Presidential elections and stock returns in Egypt. The available literature showed mixed results on the relationship between Presidential Elections and stock returns. The author examined daily data and used an OLS regression. Each Event Window covered 90 days around the Presidential Election. The results showed that both elections had positive impact on the stock returns in Egypt.

Keywords: Egypt, Event Studies, Presidential Elections

JEL Classification: F30, G14, G17

Suggested Citation

Nezerwe, Yvan, Presidential Elections and Stock Returns in Egypt (2013). Review of Business & Finance Studies, v. 4 (2) p. 63-68, Available at SSRN: https://ssrn.com/abstract=2263334

Yvan Nezerwe (Contact Author)

University of Phoenix ( email )

10004 Park Meadows Drive
Phoenix, AZ 85034
United States

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