MARKET REACTION TO THE FORMATION OF EXPORT TRADING COMPANIES BY AMERICAN BANKS
成果类型:
Article
署名作者:
KRYZANOWSKI, L; URSEL, ND
署名单位:
University of Windsor; University of Windsor
刊物名称:
JOURNAL OF INTERNATIONAL BUSINESS STUDIES
ISSN/ISSBN:
0047-2506
DOI:
10.1057/palgrave.jibs.8490237
发表日期:
1993
页码:
373-381
关键词:
摘要:
The stock and bond market reactions to American banks' announcements of their intentions to form Export Trading Companies are investigated. The results are robust to various return-generating model specifications and are consistent with the view that the markets do not believe that U.S. bank Export Trading Companies will be successful.