Drobetz, Wolfgang; Erdmann, Thomas; Zimmermann, Heinz - Wirtschaftswissenschaftliches Zentrum, Universität Basel - 2007
This paper investigates the impact of individual bank fundamental variables onstock market returns using data from a panel of 235 European banks from 1991to 2005. The sample period marks a significant transition in the European bankingsector, characterized by higher competition, lower profit...