TITLE

The announcement effects of less-developed countries debt reduction plans and the stock returns

AUTHOR(S)
Dar-Hsin Chen
PUB. DATE
March 1999
SOURCE
International Journal of Management;Mar1999, Vol. 16 Issue 1, p21
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Focuses on the stock market reaction of United States money center banks to the Brady Plan announcement on March 10, 1989. Background of the international debt crisis and the relief packages; Positive effects of the Plan on the share prices of the money center banks with exposures to debt of less-developed countries.
ACCESSION #
1963059

 

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