Does privatization of public sector banks affect stock prices? An event study approach on the Indian banking sector stocks
Purpose - With a sample of 22 banks, this study examines the significance of the news contents about the privatization of two public sector banks in India. New information does impact the stock markets. This study provides evidence on how the privatization of public sector banks impacted the returns...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Emerald Publishing
2022-02-01
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Series: | AJAR (Asian Journal of Accounting Research) |
Subjects: | |
Online Access: | https://www.emerald.com/insight/content/doi/10.1108/AJAR-06-2021-0078/full/pdf?title=does-privatization-of-public-sector-banks-affect-stock-prices-an-event-study-approach-on-the-indian-banking-sector-stocks |