haku: @indexterm Bank lending / yhteensä: 300
viite: 18 / 300
Tekijä:Dahiya, S.
Saunders, A.
Srinivasan, A.
Otsikko:Financial distress and bank lending relationships
Lehti:Journal of Finance
2003 : FEB, VOL. 58:1, p. 375-399
Asiasana:Bank lending
Wealth
Vapaa asiasana:Financial distress
Kieli:eng
Tiivistelmä:A unique data set is used to examine the wealth effects of lead lending banks when their borrowers suffer financial distress. A significant negative announcement return is found for the lead lending bank when a major corporate borrower announces default or bankruptcy. Banks with higher exposure to the distressed firm have larger negative announcement-period returns.
SCIMA tietueen numero: 248776
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