THE STOCK MARKET PERFORMANCE OF DEMUTUALIZED THRIFTS

Demutualization is the process by which a company transfers ownership from its members to shareholders. In this paper, the authors document the short-run and long-run price performance ofmutual- to-stock conversions by thrifts ("savings and loans" and "savings banks"). The author...

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Bibliographic Details
Main Authors: Steven Dennis, Ahaz Armstrong, Dana Ramsey
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 2006-06-01
Series:Global Business and Finance Review
Subjects:
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20150624113117-G4F5I.pdf