The effect of debt securities issuance towards equity market behavior in Malaysia

The study investigates the impact of debt securities issuance on the equity market behavior of the issuers. Event study results reveal that overall debt securities issuers experience an increase in equity return and a decrease in systematic risk, while total risk remains unchanged. The further exami...

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Bibliographic Details
Main Authors: Chin , Sze Kim, Nur Adiana Hiau Abdullah,
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2012
Online Access:http://journalarticle.ukm.my/6378/1/Fast_color_scan_to_a_PDF_file_4.DOC
http://journalarticle.ukm.my/6378/
http://pkukmweb.ukm.my/penerbit/jurus.htm
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