Year:
1983Issue:
SummerVolume:
2Number:
2Title:
The Impact on Bank Stock Returns of the Failure of Penn Square BankTitle (to sort by):
Impact on Bank Stock Returns of the Failure of Penn Square BankPage Start:
123Page End:
132Topics:
Abstract:
The authors examined the effects of share prices of the five largest Penn Square Bank loan holders as information about The Penn Square closing became publicly available. They found that prices of stock of those five banks were adversely affected by Penn Square's failure.Citation:
The Impact on Bank Stock Returns of the Failure of Penn Square Bank. Etebari, Ahmad and Gobin, Daniel, Summer 1983, pp. 123‑132.