Di Iorio, Amalia; Faff, Robert W.; Sander, Harald - In: Journal of accounting & management information systems … 12 (2013) 2, pp. 319-344
This paper examines the sensitivity of financial sector stock returns to two risk factors – interest rates (both long-term and short-term) and exchange rates. Specifically we investigate the impact of the European Union and the introduction of the euro on European financial sector risk in the...