Effects of Illegal Behavior on the Financial Performance of US Banking Institutions
This study investigates whether financial performance is affected by corporate violations of laws and regulations. In a sample of 128 publicly traded banks that were subject to enforcement actions by US regulatory authorities over a 20-year period, we observed a significant negative market reaction...
Main Author: | |
---|---|
Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer Science + Business Media B. V
2013
|
In: |
Journal of business ethics
Year: 2013, Volume: 112, Issue: 2, Pages: 313-324 |
Further subjects: | B
Regulations
B Banking Industry B Violations B Financial Performance |
Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |
MARC
LEADER | 00000caa a22000002 4500 | ||
---|---|---|---|
001 | 1785646656 | ||
003 | DE-627 | ||
005 | 20230331053253.0 | ||
007 | cr uuu---uuuuu | ||
008 | 220112s2013 xx |||||o 00| ||eng c | ||
024 | 7 | |a 10.1007/s10551-012-1253-2 |2 doi | |
035 | |a (DE-627)1785646656 | ||
035 | |a (DE-599)KXP1785646656 | ||
035 | |a (DE-He213)s10551-012-1253-2-e | ||
040 | |a DE-627 |b ger |c DE-627 |e rda | ||
041 | |a eng | ||
084 | |a 1 |2 ssgn | ||
100 | 1 | |a Zeidan, Mohamad Jamal |e VerfasserIn |4 aut | |
245 | 1 | 0 | |a Effects of Illegal Behavior on the Financial Performance of US Banking Institutions |
264 | 1 | |c 2013 | |
336 | |a Text |b txt |2 rdacontent | ||
337 | |a Computermedien |b c |2 rdamedia | ||
338 | |a Online-Ressource |b cr |2 rdacarrier | ||
520 | |a This study investigates whether financial performance is affected by corporate violations of laws and regulations. In a sample of 128 publicly traded banks that were subject to enforcement actions by US regulatory authorities over a 20-year period, we observed a significant negative market reaction pursuant to the violations. However, the market reaction did not vary meaningfully in accordance with the severity or repetitiveness of the violation. The results of this study are in conformity with previous research on industries other than banking, notably with regard to negative market reaction. This confirms that shareholders in the banking industry react in a manner considerably similar to their counterparts in other industries. | ||
601 | |a Performance | ||
601 | |a Institution | ||
650 | 4 | |a Regulations | |
650 | 4 | |a Banking Industry | |
650 | 4 | |a Financial Performance | |
650 | 4 | |a Violations | |
773 | 0 | 8 | |i Enthalten in |t Journal of business ethics |d Dordrecht [u.a.] : Springer Science + Business Media B.V, 1982 |g 112(2013), 2, Seite 313-324 |h Online-Ressource |w (DE-627)270937129 |w (DE-600)1478688-6 |w (DE-576)121465284 |x 1573-0697 |7 nnns |
773 | 1 | 8 | |g volume:112 |g year:2013 |g number:2 |g pages:313-324 |
856 | |3 Volltext |u http://www.jstor.org/stable/23327207 |x JSTOR | ||
856 | 4 | 0 | |u https://doi.org/10.1007/s10551-012-1253-2 |x Resolving-System |z lizenzpflichtig |3 Volltext |
935 | |a mteo | ||
936 | u | w | |d 112 |j 2013 |e 2 |h 313-324 |
951 | |a AR | ||
ELC | |a 1 | ||
ITA | |a 1 |t 1 | ||
LOK | |0 000 xxxxxcx a22 zn 4500 | ||
LOK | |0 001 4033705546 | ||
LOK | |0 003 DE-627 | ||
LOK | |0 004 1785646656 | ||
LOK | |0 005 20220112043755 | ||
LOK | |0 008 220112||||||||||||||||ger||||||| | ||
LOK | |0 035 |a (DE-Tue135)IxTheo#2021-12-30#AB3B4A8D71839E2B1567BA2F61F3612530CAC22D | ||
LOK | |0 040 |a DE-Tue135 |c DE-627 |d DE-Tue135 | ||
LOK | |0 092 |o n | ||
LOK | |0 852 |a DE-Tue135 | ||
LOK | |0 852 1 |9 00 | ||
LOK | |0 866 |x JSTOR#http://www.jstor.org/stable/23327207 | ||
LOK | |0 935 |a ixzs |a ixrk |a zota | ||
ORI | |a SA-MARC-ixtheoa001.raw |