The effect of IMF bailout announcements on bank security returns.

• Main Authors: Henny Ruritan., Teo, Jasmine Min Hui., Yeo, Agnes Wee Ling.
• Other Authors: Lau, Sie Ting
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Bank management
• Online Access: http://hdl.handle.net/10356/10747
• Institution: Nanyang Technological University

In this paper, we examine the effect of IMF bailout announcements on bank security returns. Standard event study methodology is applied to a sample of twenty-one banks from four countries, namely Singapore, Japan, Thailand and Indonesia to detect the presence of significant abnormal returns surround...