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 Return and volatility spillover between India, UK, USA and European stock markets: The Brexit impact Subject The topic of the resource Brexit referendum; Diversification; GARCH BEKK; Portfolio; Volatility transmission Description An account of the resource The 2016 Brexit referendum created potential turmoil in financial markets. The purpose of this study is to examine the impact of the Brexit referendum on the return and volatility spillover between the EU, the UK, and the USA stock markets and the Indian stock market during the pre- and post-Brexit referendum period. The VAR and bivariate GARCH BEKK models were employed. The study results suggest that before the Brexit referendum, Indian stock market returns made no significant return spillover on the other markets. On the contrary, following the referendum, Indian stock returns significantly spilled over to France, Germany, the UK, and the USA stock market returns. The study results also identified a substantial increase in the bidirectional volatility spillover between India-France, India-UK, and India-USA during the post-Brexit referendum period. Therefore, the investors opportunity to invest simultaneously in India, UK, EU, and US stock markets for portfolio diversification is limited. India was affected mainly by its own past shocks before the Brexit referendum. However, after the Brexit referendum, Indian markets are getting more and more integrated with other markets. In order to reap the diversification benefits, a prudent investment strategy will need to be developed in the future, especially during times of economic and political uncertainty and market crisis. Sangeetha G Nagarakatte, Natchimuthu Natchimuthu, 2022 Creator An entity primarily responsible for making the resource Nagarakatte S.G.; Natchimuthu N. Source A related resource from which the described resource is derived Investment Management and Financial Innovations, Vol-19, No. 1, pp. 121-134. Publisher An entity responsible for making the resource available LLC CPC Business Perspectives Date A point or period of time associated with an event in the lifecycle of the resource 2022-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.21511/imfi.19(1).2022.09" target="_blank" rel="noreferrer noopener">https://doi.org/10.21511/imfi.19(1).2022.09</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85125854330&amp;doi=10.21511%2Fimfi.19%281%29.2022.09&amp;partnerID=40&amp;md5=cd8edfbee46917477bf64a4294b05248" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85125854330&amp;doi=10.21511%2fimfi.19%281%29.2022.09&amp;partnerID=40&amp;md5=cd8edfbee46917477bf64a4294b05248</a> Rights Information about rights held in and over the resource All Open Access; Gold Open Access Relation A related resource ISSN: 18104967 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 Nagarakatte S.G., School of Commerce, Finance and Accountancy, Department of Commerce, Christ University, India; Natchimuthu N., School of Commerce, Finance and Accountancy, Department of Commerce, Christ University, India