| dc.contributor.author |
Aintablian, Sebouh |
|
| dc.contributor.author |
Roberts, Gordon S. |
|
| dc.date.accessioned |
2016-05-10T10:45:48Z |
|
| dc.date.available |
2016-05-10T10:45:48Z |
|
| dc.date.copyright |
2000 |
en_US |
| dc.date.issued |
2017-10-12 |
|
| dc.identifier.issn |
0378-4266 |
en_US |
| dc.identifier.uri |
http://hdl.handle.net/10725/3748 |
en_US |
| dc.description.abstract |
This note validates the key results of prior studies of bank loan announcement effects using a common data set drawn from the Canadian capital market. Announcements of bank loans are associated with positive abnormal returns significantly higher than for private placements and loan syndications. Announcement effects are most pronounced when monitoring is most intense and when an announcement signals that the bank's private information is favorable. Conclusions of prior studies on bank loan announcements, conducted exclusively on US data, are robust for a different banking system. |
en_US |
| dc.language.iso |
en |
en_US |
| dc.title |
A note on market response to corporate loan announcements in Canada |
en_US |
| dc.type |
Article |
en_US |
| dc.description.version |
Published |
en_US |
| dc.author.school |
SOB |
en_US |
| dc.author.idnumber |
200603708 |
en_US |
| dc.author.department |
Department of Finance and Accounting (FINA) |
en_US |
| dc.description.embargo |
N/A |
en_US |
| dc.relation.journal |
Journal of Banking & Finance |
en_US |
| dc.journal.volume |
24 |
en_US |
| dc.journal.issue |
3 |
en_US |
| dc.article.pages |
381-393 |
en_US |
| dc.keywords |
Bank loans |
en_US |
| dc.keywords |
Monitoring |
en_US |
| dc.keywords |
Event study |
en_US |
| dc.keywords |
Canada |
en_US |
| dc.identifier.doi |
http://dx.doi.org/10.1016/S0378-4266(99)00063-1 |
en_US |
| dc.identifier.ctation |
Aintablian, S., & Roberts, G. S. (2000). A note on market response to corporate loan announcements in Canada. Journal of Banking & finance, 24(3), 381-393. |
en_US |
| dc.author.email |
sebouh.aintablian@lau.edu.lb |
en_US |
| dc.identifier.tou |
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php |
en_US |
| dc.identifier.url |
http://www.sciencedirect.com/science/article/pii/S0378426699000631 |
en_US |