IDEAS home Printed from https://ideas.repec.org/a/asi/ajoerj/v9y2019i9p217-229id4287.html
   My bibliography  Save this article

Impact of Demonetization on Shareholders’ Wealth: Case of India

Author

Listed:
  • Parikh Abhishek

Abstract

This paper examines the impact of demonetization on shareholders’ return in India. After the demonetization announcement in India (8 November 2016) money became a significant source of stress. It is documented that this announcement had various effects on individual, social, and economic levels. The data of shareholders’ returns from before and after demonetization for 60 months from October 2012 to November 2017 were collected using a capital line database. The results depict that demonetization ruined shareholders’ wealth for 12 months. However, in the long run it gives investors very attractive returns.

Suggested Citation

  • Parikh Abhishek, 2019. "Impact of Demonetization on Shareholders’ Wealth: Case of India," Asian Journal of Empirical Research, Asian Economic and Social Society, vol. 9(9), pages 217-229.
    • Handle: RePEc:asi:ajoerj:v:9:y:2019:i:9:p:217-229:id:4287
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5004/article/view/4287/6653
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:ajoerj:v:9:y:2019:i:9:p:217-229:id:4287. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5004/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.