Skip to main content

Stocks and energy shocks: The impact of energy accidents on stock market value

Dates

Year
2011

Citation

Scholtens, B., and Boersen, A., 2011, Stocks and energy shocks: The impact of energy accidents on stock market value: Energy, v. 36, iss. 3, p. 1698-1702.

Summary

We investigate how financial market participants value energy accidents. We employ an event study to look into the response of stock markets to 209 accidents. These accidents were derived from Sovacool's (2008) database on major energy accidents from 1907 to 2007. It appears that the stock market in general does not show a significant reaction with respect to these accidents. This would suggest that financial market participants perceive energy accidents as being [`]part of the game' and discount for most energy accidents already in the valuation of the energy industry.

Contacts

Attached Files

Communities

  • Western Energy Citation Clearinghouse

Tags

Additional Information

Identifiers

Type Scheme Key
DOI WECC []
ISSN WECC 0360-5442

Citation Extension

citationTypeJournal Article
journalEnergy
parts
typePages
value1698-1702
typeVolume
value36
typeIssue
value3

Item Actions

View Item as ...

Save Item as ...

View Item...