haku: @author Fraser, D. R. / yhteensä: 15
viite: 3 / 15
| Tekijä: | Fraser, D. R. Kolari, J. W. |
| Otsikko: | The 1982 Depository Institutions Act and security returns in the savings and loans industry. |
| Lehti: | Journal of Financial Research
1990 : WINTER, VOL. 13:4, p. 339-347 |
| Asiasana: | SAVINGS BANKS RATE OF RETURN USA |
| Kieli: | eng |
| Tiivistelmä: | The authors find empirical evidence on the market response to the Depository Institutions Act (DIA), as measured by changes in the prices of savings and loan associations' common stock. The analyses indicate positive abnormal returns in the weeks preceding the passage of DIA and the subsequent announcements. No reaction to Super NOWs is found. The evidence suggests that investors perceived savings and loans to benefit from the legislation. |
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