Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Is the effect of oil price shock asymmetric on the Indian stock market? Firm-level evidence from energy-intensive companies Subject The topic of the resource Asymmetric impact; Impulse response function; Oil price shock; Panel structural vector autoregressive (P-SVAR) model; Stock market Description An account of the resource Purpose: This paper aims to examine the asymmetric impact of the oil price increase and decrease on stock returns at the firm level. Design/methodology/approach: To ascertain the impact oil price can exert on the stock price at the firm level, this study uses panel structural vector auto regression with various linear and nonlinear measures of oil price shock on a data set, containing 1,168 firms listed in Indian stock markets. This study also considers stock index returns, Fama-French factors and inflation as control variables. Findings: This paper finds evidence that at firm level, net oil price increase and decrease have an asymmetric impact on stock returns. Other oil price shock measures, namely, shock because of oil price increase and decrease, do not show any sign of asymmetric impact on stock returns. Originality/value: The comparison of firm-level return on its response towards oil price fluctuation can give valuable insights into a firms features. 2022, Emerald Publishing Limited. Creator An entity primarily responsible for making the resource Aruna B.; Acharya R.H. Source A related resource from which the described resource is derived International Journal of Energy Sector Management, Vol-17, No. 4, pp. 693-716. Publisher An entity responsible for making the resource available Emerald Publishing Date A point or period of time associated with an event in the lifecycle of the resource 2023-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1108/IJESM-05-2021-0004" target="_blank" rel="noreferrer noopener">https://doi.org/10.1108/IJESM-05-2021-0004</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85131698895&amp;doi=10.1108%2FIJESM-05-2021-0004&amp;partnerID=40&amp;md5=1a0eb916c46f4022d90860011d396f26" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85131698895&amp;doi=10.1108%2fIJESM-05-2021-0004&amp;partnerID=40&amp;md5=1a0eb916c46f4022d90860011d396f26</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISSN: 17506220 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Aruna B., Department of Economics, Christ University, Bangalore, India; Acharya R.H., School of Management, National Institute of Technology Karnataka, Mangalore, India