Aye Corona! The contagion effects of being named Corona during the COVID-19 pandemic

In the midst of the 2020 global COVID-19 pandemic and subsequent financial market collapse, corporate entities have to navigate a number of truly unforeseen contagion risks. However, one such group included those who shared their corporate identity with aspects of the rapidly evolving coronavirus. O...

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Autores principales: Corbet, Shaen, Hou, Yang, Hu, Yang, Lucey, Brian, Oxley, Les
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Authors. Published by Elsevier Inc. 2021
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7237930/
https://www.ncbi.nlm.nih.gov/pubmed/32837362
http://dx.doi.org/10.1016/j.frl.2020.101591
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author Corbet, Shaen
Hou, Yang
Hu, Yang
Lucey, Brian
Oxley, Les
author_facet Corbet, Shaen
Hou, Yang
Hu, Yang
Lucey, Brian
Oxley, Les
author_sort Corbet, Shaen
collection PubMed
description In the midst of the 2020 global COVID-19 pandemic and subsequent financial market collapse, corporate entities have to navigate a number of truly unforeseen contagion risks. However, one such group included those who shared their corporate identity with aspects of the rapidly evolving coronavirus. Our results indicate the existence of sharp, dynamic and new correlations between companies related to the term ‘corona’, outside of pre-existing interrelationships. We provide a number of observations as to why this situation occurred.
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spelling pubmed-72379302020-05-20 Aye Corona! The contagion effects of being named Corona during the COVID-19 pandemic Corbet, Shaen Hou, Yang Hu, Yang Lucey, Brian Oxley, Les Financ Res Lett Article In the midst of the 2020 global COVID-19 pandemic and subsequent financial market collapse, corporate entities have to navigate a number of truly unforeseen contagion risks. However, one such group included those who shared their corporate identity with aspects of the rapidly evolving coronavirus. Our results indicate the existence of sharp, dynamic and new correlations between companies related to the term ‘corona’, outside of pre-existing interrelationships. We provide a number of observations as to why this situation occurred. The Authors. Published by Elsevier Inc. 2021-01 2020-05-20 /pmc/articles/PMC7237930/ /pubmed/32837362 http://dx.doi.org/10.1016/j.frl.2020.101591 Text en © 2020 The Authors. Published by Elsevier Inc. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Corbet, Shaen
Hou, Yang
Hu, Yang
Lucey, Brian
Oxley, Les
Aye Corona! The contagion effects of being named Corona during the COVID-19 pandemic
title Aye Corona! The contagion effects of being named Corona during the COVID-19 pandemic
title_full Aye Corona! The contagion effects of being named Corona during the COVID-19 pandemic
title_fullStr Aye Corona! The contagion effects of being named Corona during the COVID-19 pandemic
title_full_unstemmed Aye Corona! The contagion effects of being named Corona during the COVID-19 pandemic
title_short Aye Corona! The contagion effects of being named Corona during the COVID-19 pandemic
title_sort aye corona! the contagion effects of being named corona during the covid-19 pandemic
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7237930/
https://www.ncbi.nlm.nih.gov/pubmed/32837362
http://dx.doi.org/10.1016/j.frl.2020.101591
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