The effect of debt securities issuance towards equity market behavior in Malaysia
The study investigates the impact of debt securities issuance on equity market behaviour of the issuers. The event study results reveal that overall debt securities issuers experience increase in equity return following debt securities issuance and decrease in systematic risk while total risk remain...
Main Authors: | , |
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Format: | Conference or Workshop Item |
Language: | English |
Published: |
World Business Institute Australia
2011
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Online Access: | https://repo.uum.edu.my/id/eprint/3726/1/Ch.pdf |