The Designation and Removal of Trustee Stock Status: Wealth Effects

The Designation and Removal of Trustee Stock Status: Wealth Effects

This study investigates the impact of trustee stock status announcements on shareholders' wealth in Singapore. An event study methodology is used to ascertain the abnormal returns around the announcement day. The results show that there is a positive and permanent wealth effect on trustee stock...

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Bibliographic Details
Main Authors: DING, David K., LOW, Angie
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2004
Subjects:
Trustee stocks
event study
Singapore
Asian Studies
Business
Finance and Financial Management
Portfolio and Security Analysis
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/1159
https://doi.org/10.1111/j.0306-686X.2004.00548.x
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/lkcsb_research/1159
https://doi.org/10.1111/j.0306-686X.2004.00548.x

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