Revealing the impact of floods on stock returns of energy companies in Europe
Summary
This research will investigate the impact of floods in Europe on the daily stock returns
of European traditional and renewable energy companies. The data I will utilize are
the stock returns of 203 European energy companies in 2019 and 2023, as well as 11
events selected by combining factors such as the frequency of floods and the damage
caused, which occurred in Europe. The study is expected to reflect investors' shifting
expectations of flood risk and provide valuable information to investors.