Is the Information Produced in the Stock Market Useful for Depositors?

The information produced by sophisticated investors in the stock market may be useful for uninformed depositors. Since much information is not produced for Shinkin banks (cooperatives) in Japan, relying on the information from the stock market may be an efficient decision for these depositors. This paper provides empirical evidence that Shinkin depositors seemed to withdraw funds after observing a fall in the stock prices of other banks

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Year of publication:	2012
Authors:	Shimizu, Katsutoshi
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Aktienmarkt \| Stock market \| Anlageverhalten \| Behavioural finance \| Information \| Japan \| Bankinsolvenz \| Bank failure \| Ansteckungseffekt \| Contagion effect
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Finance Research Letters, Vol. 6, No. 1, 2009 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 5, 2012 erstellt Volltext nicht verfügbar
Classification:	G21 - Banks; Other Depository Institutions; Mortgages ; G01 - Financial Crises ; G14 - Information and Market Efficiency; Event Studies ; G24 - Investment Banking; Venture Capital; Brokerage ; G28 - Government Policy and Regulation ; D8 - Information and Uncertainty
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013102563