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Keywords: Divestment
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Journal Articles
Universal banks and stock‐market reaction: Some evidence from major announcements
Available to Purchase
Journal:
The Journal of Risk Finance
Journal of Risk Finance (2009) 10 (3): 244–260.
Published: 22 May 2009
... environment, and/or with investments that are not compatible with the general banking philosophy of “fast growth within short‐term horizons.” Based on equity returns, the bank‐insurance interface seems to be the most preferable business restructuring; while insurance divestments and horizontal mergers, among...
