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...

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Bibliographic Details
Main Author: Raddatz, Claudio
Language:en_US
Published: MIT Press 2015
Subjects:
Online Access:http://hdl.handle.net/10986/21438