Megginson, William L; Poulsen, Annette B; Sinkey Jr., … - In: Journal of Money, Credit and Banking 27 (1995) 2, pp. 457-75
This paper examines valuation effects on the stocks of fifteen participating money-center banks of 774 announcements of syndicated loans, representing announcements of investment decisions for the lenders. The authors find that announcements of LDC loans in the 1970s, especially those to Latin...