Mamun, Abdullah; Hassan, M.; Lai, Son - In: Journal of Economics and Finance 28 (2004) 3, pp. 333-347
This paper examines the impact of Gramm-Leach-Bliley Act across three main sectors of the financial services industry: commercial banks, insurance companies, and brokerage firms, taking account of the wealth effect associated with the announcement. We find that the law has a differential impact...