Title of article
Does bank relationship have an economic value?: The effect of main bank failure on client firms
Author/Authors
Nobuyoshi Yamori، نويسنده , , Akinobu Murakami، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1999
Pages
6
From page
115
To page
120
Abstract
Previous empirical studies supported the hypothesis that banks are special due to the existence of private information. In this paper, we provide further evidence by investigating the effect of the Hokkaido Takusyoku Bank’s failure on stock returns of its client firms.
Keywords
Bank failure , Private information , Main bank , Event study
Journal title
Economics Letters
Serial Year
1999
Journal title
Economics Letters
Record number
434721
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