The three sisters af credit rating and the effect of their rating announcements on the stock returns of the four Greek systemic Banks –Piraeus, Eurobank, National Bank of Greece and Alpha Bank-

Postgraduate Thesis uoadl:2879369 297 Read counter

Unit:
Κατεύθυνση Διαχείρισης Κεφαλαίων και Κινδύνων
Βιβλιοθήκη Τμήματος Οικονομικών Επιστημών και Τμήματος Διοίκησης Επιχειρήσεων και Οργανισμών
Deposit date:
2019-07-19
Year:
2019
Author:
Papadopoulou Michaela
Supervisors info:
Παναγιωτίδης Θεόδωρος, Αναπληρωτής Καθηγητής, Τμήμα Οικονομικών Επιστημών, Πανεπιστήμιο Μακεδονίας
Original Title:
“Οι τρεις αδελφές'' της αξιολόγησης και πως επηρεάζουν οι ανακοινώσεις τους τις τιμές των μετοχών.Μελέτη περίπτωσης: οι τέσσερις συστημικές τράπεζες της Ελλάδος
Languages:
Greek
Translated title:
The three sisters af credit rating and the effect of their rating announcements on the stock returns of the four Greek systemic Banks –Piraeus, Eurobank, National Bank of Greece and Alpha Bank-
Summary:
Credit Rating Agencies have been blamed for the recent financial crisis, since it is believed that they “dictate” the world and cannot be called on to apologize for any of their ratings. In the present dissertation, there were presented a few things for their history so as their importance and role in the market to be stressed and then tried to explore the effect of their rating announcements –upgrades and downgrades- on the stock returns of the four Greek systemic Banks –Piraeus, Eurobank, National Bank of Greece and Alpha Bank- during 2011-2018, using simple panel regression. The findings indicated that there was no significant effect of credit rating announcements on Greek Banks.
Main subject category:
Science
Keywords:
credit rating agencies
Index:
No
Number of index pages:
0
Contains images:
Yes
Number of references:
38
Number of pages:
38
Παπαδοπουλου Μιχαέλα-Διπλωματική-pdf.pdf (1 MB) Open in new window