| Titre : |
The impact of the 2018 EU-wide stress test results on shareholders’ wealth creation and behavior |
| Type de document : |
Mémoire |
| Auteurs : |
Manoly ARCHONDIS, Auteur |
| Année de publication : |
2020 |
| Importance : |
32 p. |
| Note générale : |
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| Langues : |
Anglais (eng) |
| Mots-clés : |
Management
ACTIONNAIRE ; ECONOMETRIE ; BANQUE ; FINANCE DE MARCHE
|
| Résumé : |
Ever since the 2008-2009 financial crisis, many measures were implemented in order to predict and hedge economic and financial systemic risks. Since then, regulators such as the Federal Reserve System (FED) in the United States (US) and the European Banking Authority (EBA) started implementing stress testing processes in order “assess individual banks’ resilience to adverse financial and economic circumstances” [ECB,2019]. “Today, EU-wide stress tests are important inputs for the ECB’s Supervisory Review and Evaluation Process” (SREP). In this paper, we focus on the impact of the 2018 EU-wide stress test results on shareholders’ wealth creation and behavior by computing the Abnormal Returns and checking whether they have a significant effect on the bank’s public stock price.
|
| Programme : |
PGE-Reims |
| Spécialisation : |
Finance d’Entreprise - Corporate Finance |
| Permalink : |
https://cataloguelibrary.neoma-bs.fr/index.php?lvl=notice_display&id=529146 |
The impact of the 2018 EU-wide stress test results on shareholders’ wealth creation and behavior / 2020 
