Multilateral Debt Relief through the Eyes of Financial Markets

Multilateral Debt Relief through the Eyes of Financial Markets

This paper conducts an event study of the impact of multilateral debt relief initiatives announcements on the stock prices of South African companies with subsidiaries in countries benefited by these initiatives. It shows that these prices increase significantly above those of other firms, espec...

Full description

Bibliographic Details
Main Author: Raddatz, Claudio
Format: Journal Article
Language:en_US
Published: MIT Press 2015
Subjects:
Multilateral Debt Relief Initiative
MDRI
Heavily Indebted Poor Countries
HIPC
stock prices
subsidiaries
foreign direct investment
Online Access:http://hdl.handle.net/10986/21438

Internet

http://hdl.handle.net/10986/21438

Similar Items