Market reactions to financial distress announcements: do political connections matter?
We examined market reactions to the financial distress announcements of listed firms in Malaysia. We investigated whether the market differentiates between the politically connected and non-politically connected vis-a-vis the outcomes at the time of the announcements. There is evidence of differing...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Cogent
2018
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/25615/1/CEF%206%201%202018%201%208.pdf |