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We measure market reactions to announcements concerning liquidity regulation, a key innovation in the Basel framework …. Our initial results show that liquidity regulation attracts negative abnormal returns. However, the price responses are … less pronounced when coinciding announcements concerning capital regulation are backed out, suggesting that markets do not …
Persistent link: https://www.econbiz.de/10012979746
This paper assesses the information content of sanctions of listed companies pronounced by the French Financial Market Authority, through reactions from financial markets over the period 2004 to 2016. We answer whether, for a listed company, being named in a sanction report, as an offender, an...
Persistent link: https://www.econbiz.de/10011845161
In this article, I use a unique dataset consisting of listed Indian firms that have been indicted for economic malpractice/default or have been non-compliant with laws/ regulations/ guidelines to estimate the stock price impact of regulatory actions against corporate irregularities. The sample...
Persistent link: https://www.econbiz.de/10014500262
Cryptocurrencies are often thought to operate out of the reach of national regulation, but in fact their valuations …
Persistent link: https://www.econbiz.de/10012205633
regulation on the individual firms was minor, we find evidence for the asset value hypothesis, which states that higher verified …
Persistent link: https://www.econbiz.de/10009625132
newspaper. The reputational impact issue raises the broader issue of understanding of financial regulation enforcement operates …
Persistent link: https://www.econbiz.de/10013021629
This paper examines the spillovers of the sanction procedures on listed companies which were victims of others' financial regulatory breaches (i.e. regulated entities or individuals). Market manipulators can be investigated and possibly sanctioned for doing so, according to the French...
Persistent link: https://www.econbiz.de/10012033775
particular we analyze its impact when environmental regulation is already advanced. Using German stock market data, we are able …
Persistent link: https://www.econbiz.de/10009526196
We find evidence that the Federal Reserve stress tests (CCAR and DFAST) produce information about the stress-tested firms as well as other, non-stress-tested banking companies. Although standard event studies do not always show abnormal returns for the stress-tested sample on average, we argue...
Persistent link: https://www.econbiz.de/10011342852
Persistent link: https://www.econbiz.de/10010526917