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Changes In Market Perception Of Riskiness: The Case Of Too-Big-To-Fail

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  • Harold A. Black
  • M. Cary Collins
  • Breck L. Robinson
  • Robert L. Schweitzer

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  • Harold A. Black & M. Cary Collins & Breck L. Robinson & Robert L. Schweitzer, 1997. "Changes In Market Perception Of Riskiness: The Case Of Too-Big-To-Fail," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 20(3), pages 389-406, September.
    • Handle: RePEc:bla:jfnres:v:20:y:1997:i:3:p:389-406
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1997.tb00256.x
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    References listed on IDEAS

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    1. Stone, Bernell K., 1974. "Systematic Interest-Rate Risk in a Two-Index Model of Returns," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 9(5), pages 709-721, November.
    2. Douglas W. Diamond & Philip H. Dybvig, 2000. "Bank runs, deposit insurance, and liquidity," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 24(Win), pages 14-23.
    3. James E. Walter, 1956. "Dividend Policies And Common Stock Prices," Journal of Finance, American Finance Association, vol. 11(1), pages 29-41, March.
    4. Swary, Itzhak, 1986. "Stock Market Reaction to Regulatory Action in the Continental Illinois Crisis," The Journal of Business, University of Chicago Press, vol. 59(3), pages 451-473, July.
    5. Szewczyk, Samuel H & Tsetsekos, George P & Varma, Raj, 1992. "Institutional Ownership and the Liquidity of Common Stock Offerings," The Financial Review, Eastern Finance Association, vol. 27(2), pages 211-225, May.
    6. Mikkelson, Wayne H. & Partch, M. Megan, 1988. "Withdrawn Security Offerings," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 23(2), pages 119-133, June.
    7. Moyer, R. Charles & Chatfield, Robert E. & Sisneros, Phillip M., 1989. "Security Analyst Monitoring Activity: Agency Costs and Information Demands," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 24(4), pages 503-512, December.
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    Cited by:

    1. Mark M. Spiegel & Nobuyoshi Yamori, 2000. "The evolution of \"too-big-to-fail\" policy in Japan: evidence from market equity values," Pacific Basin Working Paper Series 00-01, Federal Reserve Bank of San Francisco.
    2. Phil Molyneux & Klaus Schaeck & Tim Zhou, 2011. "‘Too Systemically Important to Fail’ in Banking," Working Papers 11011, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
    3. Gorton, Gary & Winton, Andrew, 2003. "Financial intermediation," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, edition 1, volume 1, chapter 8, pages 431-552, Elsevier.
    4. Fengpei Wu & Young-Seok Ock & Xiang Su, 2022. "A New Perspective on Interpreting the Accounting Information of Listed Companies: Research on the Asset Structure Difference and Earnings Value Based on a Sustainable Development Strategic Perspective," Sustainability, MDPI, vol. 15(1), pages 1-16, December.
    5. W. Scott Frame & Larry D. Wall, 2002. "Financing housing through government-sponsored enterprises," Economic Review, Federal Reserve Bank of Atlanta, vol. 87(Q1), pages 29-43.
    6. Blank, Sven & Buch, Claudia M. & Neugebauer, Katja, 2009. "Shocks at large banks and banking sector distress: The Banking Granular Residual," Journal of Financial Stability, Elsevier, vol. 5(4), pages 353-373, December.
    7. Cornett, Marcia Millon & McNutt, Jamie John & Strahan, Philip E. & Tehranian, Hassan, 2011. "Liquidity risk management and credit supply in the financial crisis," Journal of Financial Economics, Elsevier, vol. 101(2), pages 297-312, August.
    8. Koetter, Michael, 2006. "The stability of efficiency rankings when risk-preferences and objectives are different," Discussion Paper Series 2: Banking and Financial Studies 2006,08, Deutsche Bundesbank.
    9. Molyneux, Philip & Schaeck, Klaus & Zhou, Tim Mi, 2014. "‘Too systemically important to fail’ in banking – Evidence from bank mergers and acquisitions," Journal of International Money and Finance, Elsevier, vol. 49(PB), pages 258-282.
    10. William F. Bassett & Thomas F. Brady, 2002. "What drives the persistent competitiveness of small banks?," Finance and Economics Discussion Series 2002-28, Board of Governors of the Federal Reserve System (U.S.).

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