Elasticity of ESSM stock volatility: an analysis of the collapse of U.S., European, and Chinese markets during the COVID-19 pandemic
Abstract The COVID-19 pandemic and its subsequent eradication precipitated a rare and unexpected stock market crash. This crisis presents a unique opportunity to evaluate environmental, social, sustainable, and management (ESSM) policy choices. This study contributes by demonstrating the application...
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Language: | English |
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SpringerOpen
2025-01-01
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Series: | Financial Innovation |
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Online Access: | https://doi.org/10.1186/s40854-024-00747-8 |
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author | Muhammad Jawad Munazza Naz |
author_facet | Muhammad Jawad Munazza Naz |
author_sort | Muhammad Jawad |
collection | DOAJ |
description | Abstract The COVID-19 pandemic and its subsequent eradication precipitated a rare and unexpected stock market crash. This crisis presents a unique opportunity to evaluate environmental, social, sustainable, and management (ESSM) policy choices. This study contributes by demonstrating the application of ESSM concerns and investment decision investment horizons and showing the significance of the long-term perspective in ESSM investment decision-making. From January 2020 to December 2022, stocks with higher ESSM ratings had significantly greater returns, less return arbitrariness, and larger operational profit margins. ESSM ventures with more advertising expenditures had higher stock returns; however, investors more predisposed toward ESSM saw less return arbitrariness during market crises. This study emphasizes the importance of investor and consumer loyalty to the elasticity of ESSM stocks. |
format | Article |
id | doaj-art-604398ece6404ebeb8bfd0b46729bea6 |
institution | Kabale University |
issn | 2199-4730 |
language | English |
publishDate | 2025-01-01 |
publisher | SpringerOpen |
record_format | Article |
series | Financial Innovation |
spelling | doaj-art-604398ece6404ebeb8bfd0b46729bea62025-01-12T12:36:15ZengSpringerOpenFinancial Innovation2199-47302025-01-0111112610.1186/s40854-024-00747-8Elasticity of ESSM stock volatility: an analysis of the collapse of U.S., European, and Chinese markets during the COVID-19 pandemicMuhammad Jawad0Munazza Naz1Department of Management Sciences, HITEC UniversityDepartment of Mathematics, Fatima Jinnah Women UniversityAbstract The COVID-19 pandemic and its subsequent eradication precipitated a rare and unexpected stock market crash. This crisis presents a unique opportunity to evaluate environmental, social, sustainable, and management (ESSM) policy choices. This study contributes by demonstrating the application of ESSM concerns and investment decision investment horizons and showing the significance of the long-term perspective in ESSM investment decision-making. From January 2020 to December 2022, stocks with higher ESSM ratings had significantly greater returns, less return arbitrariness, and larger operational profit margins. ESSM ventures with more advertising expenditures had higher stock returns; however, investors more predisposed toward ESSM saw less return arbitrariness during market crises. This study emphasizes the importance of investor and consumer loyalty to the elasticity of ESSM stocks.https://doi.org/10.1186/s40854-024-00747-8EnvironmentalSocialSustainableManagementStock |
spellingShingle | Muhammad Jawad Munazza Naz Elasticity of ESSM stock volatility: an analysis of the collapse of U.S., European, and Chinese markets during the COVID-19 pandemic Financial Innovation Environmental Social Sustainable Management Stock |
title | Elasticity of ESSM stock volatility: an analysis of the collapse of U.S., European, and Chinese markets during the COVID-19 pandemic |
title_full | Elasticity of ESSM stock volatility: an analysis of the collapse of U.S., European, and Chinese markets during the COVID-19 pandemic |
title_fullStr | Elasticity of ESSM stock volatility: an analysis of the collapse of U.S., European, and Chinese markets during the COVID-19 pandemic |
title_full_unstemmed | Elasticity of ESSM stock volatility: an analysis of the collapse of U.S., European, and Chinese markets during the COVID-19 pandemic |
title_short | Elasticity of ESSM stock volatility: an analysis of the collapse of U.S., European, and Chinese markets during the COVID-19 pandemic |
title_sort | elasticity of essm stock volatility an analysis of the collapse of u s european and chinese markets during the covid 19 pandemic |
topic | Environmental Social Sustainable Management Stock |
url | https://doi.org/10.1186/s40854-024-00747-8 |
work_keys_str_mv | AT muhammadjawad elasticityofessmstockvolatilityananalysisofthecollapseofuseuropeanandchinesemarketsduringthecovid19pandemic AT munazzanaz elasticityofessmstockvolatilityananalysisofthecollapseofuseuropeanandchinesemarketsduringthecovid19pandemic |