Unanticipated Political Events and Their Effect on the Nepalese Insurance Sector and Stock Market
Dipendra Karki,
Sajan Kakshyapati,
Ganesh Bhattarai
et al.
Abstract:This study analyzes the relationship between unanticipated political events and their profound impact on both the insurance sector and the Nepalese stock market (NEPSE). Utilizing comprehensive analysis, the research spans 200 days before to 10 days after the political event’s announcement. Employing Levene’s test, dummy variable regression, and estimated average abnormal return, the study reveals significant effects of political events on the insurance index and NEPSE indices. The pre-event period is particul… Show more
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