Work

Deregulation and Risk

Year: 2011

Type: article

Abstract: The recent market turmoil has brought attention to how deregulation of the financial sector may affect risk. The purpose of our study is to examine the market's perception of risk associated with deregulation. We accomplish this by decomposing security risk around deregulation into systematic and unsystematic risk. We examine deregulation of several industries and find a consistent pattern of risk adjustment to deregulation, whereby the increase in security risk is temporary and largely unsystematic.

Source: Financial Management

DOI: 10.1111/j.1755-053x.2011.01143.x

Authors: Elias Semaan, Pamela Peterson Drake

Institution: James Madison University

Language: English

Topic: Financial Markets and Investment Strategies

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: green

OpenAlex ID: W2136361195

FWCI: 0.465

Cites: 62

Cited by: 15

Related to: 10