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The market reaction to syndicated loan announcements before and during the COVID-19 pandemic and the role of corporate governance

This study examines the wealth effects of syndicated loan announcements before and after the onset of the COVID-19 outbreak. Using a sample of 637 loan announcements by European borrowers, we find significantly higher wealth gains during the pandemic compared to the pre-pandemic period. The results...

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Detalles Bibliográficos
Autores principales: Tampakoudis, Ioannis, Noulas, Athanasios, Kiosses, Nikolaos
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8704733/
https://www.ncbi.nlm.nih.gov/pubmed/34975188
http://dx.doi.org/10.1016/j.ribaf.2021.101602