Show simple item record

dc.contributor.authorSirikarn Jeanchutima
dc.contributor.authorNopphon Tangjitprom
dc.date.accessioned2018-06-21T06:27:03Z
dc.date.available2018-06-21T06:27:03Z
dc.date.issued2015-01
dc.identifier.citationXIV International Business and Economy Conference (IBEC) Bangkok, Thailand, January 5-8, 2015en_US
dc.identifier.urihttp://repository.au.edu/handle/6623004553/21098
dc.description.abstractMany studies were trying to explain the changes of stock returns by finding the factors impact on a certain market, industry, or stock. Focusing on the financial institution especially commercial bank, there are some research proved that interest rate is one of the crucial factor impact the commercial bank stock returns. Interest rate is the cost and return of money in financial market since commercial bank acts as major financial intermediary; therefore, interest rate is still the majority of its cost and return. In Thai stock market shows different result, the changing in interest rate reflects slightly on the change in stock returns. After taking a close look, the conclusion can be drawn from outcomes the bigger size of the bank experience the larger effect. Thus, bank size is not a real moderator affect the relationship, the trading volume of the bank is the real relevant factor. Consequently, the theory can be hold only if the market participants trade all bank stock equally.en_US
dc.format.extent7 pagesen_US
dc.format.mimetypeapplication/pdfen_US
dc.language.isoengen_US
dc.subjectBank stock returnsen_US
dc.subjectInterest rate changesen_US
dc.subjectGARCHen_US
dc.subjectThailanden_US
dc.titleBank Stock Return Sensitivity to Interest Rate Changes in Thailanden_US
dc.typeTexten_US
dc.rights.holderSirikarn Jeanchutimaen_US
dc.rights.holderNopphon Tangjitpromen_US
mods.genreConference Paperen_US
au.link.externalLink[Full Text] (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2550005)


Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

  • Conference Papers [18]
    เอกสารประกอบการประชุมทางวิชาการ

Show simple item record