A note on market response to corporate loan announcements in Canada
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. Ann...
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| Format: | article |
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2000
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| Online Access: | http://hdl.handle.net/10725/3748 http://dx.doi.org/10.1016/S0378-4266(99)00063-1 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php http://www.sciencedirect.com/science/article/pii/S0378426699000631 |
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| _version_ | 1864513462141452289 |
|---|---|
| author | Aintablian, Sebouh |
| author2 | Roberts, Gordon S. |
| author2_role | author |
| author_facet | Aintablian, Sebouh Roberts, Gordon S. |
| author_role | author |
| dc.creator.none.fl_str_mv | Aintablian, Sebouh Roberts, Gordon S. |
| dc.date.none.fl_str_mv | 2000 2016-05-10T10:45:48Z 2016-05-10T10:45:48Z 2017-10-12 |
| dc.identifier.none.fl_str_mv | 0378-4266 http://hdl.handle.net/10725/3748 http://dx.doi.org/10.1016/S0378-4266(99)00063-1 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. http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php http://www.sciencedirect.com/science/article/pii/S0378426699000631 |
| dc.language.none.fl_str_mv | en |
| dc.relation.none.fl_str_mv | Journal of Banking & Finance |
| dc.rights.*.fl_str_mv | info:eu-repo/semantics/openAccess |
| dc.title.none.fl_str_mv | A note on market response to corporate loan announcements in Canada |
| dc.type.none.fl_str_mv | Article info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/article |
| description | 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. |
| eu_rights_str_mv | openAccess |
| format | article |
| id | LAURepo_b3f95445cbadd5c22c1559807d1e86c0 |
| identifier_str_mv | 0378-4266 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. |
| language_invalid_str_mv | en |
| network_acronym_str | LAURepo |
| network_name_str | Lebanese American University repository |
| oai_identifier_str | oai:laur.lau.edu.lb:10725/3748 |
| publishDate | 2000 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| spelling | A note on market response to corporate loan announcements in CanadaAintablian, SebouhRoberts, Gordon S.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.PublishedN/A2016-05-10T10:45:48Z2016-05-10T10:45:48Z20002017-10-12Articleinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article0378-4266http://hdl.handle.net/10725/3748http://dx.doi.org/10.1016/S0378-4266(99)00063-1Aintablian, S., & Roberts, G. S. (2000). A note on market response to corporate loan announcements in Canada. Journal of Banking & finance, 24(3), 381-393.http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.phphttp://www.sciencedirect.com/science/article/pii/S0378426699000631enJournal of Banking & Financeinfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/37482021-03-19T09:10:06Z |
| spellingShingle | A note on market response to corporate loan announcements in Canada Aintablian, Sebouh |
| status_str | publishedVersion |
| title | A note on market response to corporate loan announcements in Canada |
| title_full | A note on market response to corporate loan announcements in Canada |
| title_fullStr | A note on market response to corporate loan announcements in Canada |
| title_full_unstemmed | A note on market response to corporate loan announcements in Canada |
| title_short | A note on market response to corporate loan announcements in Canada |
| title_sort | A note on market response to corporate loan announcements in Canada |
| url | http://hdl.handle.net/10725/3748 http://dx.doi.org/10.1016/S0378-4266(99)00063-1 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php http://www.sciencedirect.com/science/article/pii/S0378426699000631 |