Connectedness between sustainable exchanged‐traded funds in the presence of the Ukrainian war: Does political risk matter?
Journal: International Social Science Journal
Year: 2024

Abstract This paper analyses the connectivity between geopolitical risk (GPR) and several segments of exchanged‐traded funds, aligned with the United Nations Sustainable Development Goals (SDGs), in order to understand the implications of risk associated with wars, political tensions and terrorist acts in the dynamics generated by this type of asset. We studied the behaviour of assets representative of 6 SDGs and 2 GPR indices, over a period of approximately 14 and a half years, characterized by