haku: @indexterm bank holding companies / yhteensä: 25
viite: 14 / 25
| Tekijä: | Wansley, J. W. Dhillon, U. S. |
| Otsikko: | Determinants of valuation effects for security offerings of commercial bank holding companies. |
| Lehti: | Journal of Financial Research
1989 : AUTUMN, VOL. 12:3, p. 217-233 |
| Asiasana: | BANK HOLDING COMPANIES NEW ISSUES SHARE VALUATION |
| Kieli: | eng |
| Tiivistelmä: | The authors investigate the impact of security issuance by bank holding companies in light of two hypotheses: 1) the regulation or asymmetry reduction hypothesis and 2) the bank capital hypothesis. The market does not treat subordinated debt announcements as similar to equity, although debt is considered as "capital" for regulatory purposes. Cross-sectional regressions do not support asymmetrical information models. |
SCIMA