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Author:Jordan, J. S.
Peek, J.
Rosengren, E. S.
Title:The market reaction to the disclosure of supervisory actions: implications for bank transparency
Journal:Journal of Financial Intermediation
2000 : JUL, VOL. 9:3, p. 298-319
Index terms:Banks
Business-government relations
Language:eng
Abstract:The stock market reaction to announcements of formal supervisory actions is examined. It is found that the variation in the quality and timeliness of disclosure by U.S. banks explains much of the variation in the market's reactions.
SCIMA record nr: 214422
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