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...

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Bibliographic Details
Main Authors: Varun Kumar Rai, Dharen Kumar Pandey
Format: Article
Language:English
Published: Emerald Publishing 2022-02-01
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