MORTES, QUARENTENA E VACINAÇÃO: ANÁLISE DAS CONSEQUÊNCIAS DA COVID-19 SOBRE O RETORNO DAS AÇÕES DE EMPRESAS BRASILEIRAS

Cláudio Pilar  da Silva Júnior

Authors

Cláudio Pilar da Silva Júnior Universidade Federal da Paraíba - UFPB/Professor https://orcid.org/0000-0002-3665-7077

Keywords:

Covid, Retorno, Pandemia

Abstract

This article aimed to analyze the effects of the Covid-19 pandemic on stock returns in the Brazilian stock market, considering the impact of the number of cases, deaths, quarantine and vaccination. Using panel regressions for the period from 26/02/2020 to 30/06/2022, the results indicated that the implementation of restrictive measures, such as partial lockdown, positively influenced returns in the financial market. In contrast to international studies, however, variations in the number of cases and deaths used to measure COVID-19 and the progress of vaccination did not have a statistically significant influence on returns in the financial market. The main contribution of the research lies in demonstrating the complexity of market reactions to the pandemic, showing that, despite the challenges, the application of restrictive measures may be one of the factors for restoring investor confidence.

Author Biography

Cláudio Pilar da Silva Júnior, Universidade Federal da Paraíba - UFPB/Professor

Professora Titular do Departamento de Administração e do colegiado de Pós-Graduação em Políticas Públicas para o Desenvolvimento Social (PPGPol) da Faculdade de Ensino Superior de Linhares (FACELI). Professora convidada no Programa de Pós-Graduação em Administração e Contabilidade da Fucape Business School. Doutora em Administração pela Universidade Federal do Espírito Santo (UFES). Mestre em Administração de Empresas pela Fucape Business School. Especialista em Gestão Empresarial pela Fundação Getúlio Vargas (FGV). Bacharel em Comunicação Social - Jornalismo pela Universidade Federal do Espírito Santo (UFES). Bacharel em Administração pela Faculdade Estácio de Sá. Coordenadora do Grupo de Pesquisas sobre Carreira e Redes Sociais Online (GECAR) na Faceli. Desenvolve pesquisas na área de Educação para a Diversidade, Diversidade de Gênero, Interseccionalidade, Gestão de Pessoas, Liderança e Administração de Carreiras. Possui como interesses de pesquisa aspectos relacionados à diversidade de gênero, equidade, teoria interseccional, carreira, além de estudos de gestão de pessoas com foco em liderança e as influências de mídias sociais para as relações de trabalho. No contexto empresarial, possui experiência de mais de dez anos em Comunicação Organizacional e Assessoria de Imprensa.

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