haku: @author Smith, D. C. / yhteensä: 10
viite: 2 / 10
| Tekijä: | Ongena, S. Smith, D. C. Michalsen, D. |
| Otsikko: | Firms and their distressed banks: lessons from the Norwegian banking crisis |
| Lehti: | Journal of Financial Economics
2003 : JAN, VOL. 67:1, p. 81-112 |
| Asiasana: | Banks Banking Crisis management Norway |
| Kieli: | eng |
| Tiivistelmä: | The authors use the near-collapse of the Norwegian banking system during the period 1988-1991 to measure the impact of bank distress announcements on the stock prices of firms maintaining a relationship with a distressed bank. Although banks experienced large and permanent downward revisionsin their equity value during the event period, firms maintaining relationships with these banks faced only small and tempo |
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