Ahmad, Abd Halim; Nur Adiana Hiau Abdullah; Kamarun … - In: Cogent economics & finance 6 (2018) 1, pp. 1-8
We examined market reactions to the financial distress announcements of listed firms in Malaysia. We investigated whether the market differentiates between the politically connected and non-politically connected vis-a-vis the outcomes at the time of the announcements. There is evidence of...