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The valuation effects of the 1977 Community Reinvestment Act and its enforcement

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  • Johnson, Shane A.
  • Sarkar, Salil K.

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  • Johnson, Shane A. & Sarkar, Salil K., 1996. "The valuation effects of the 1977 Community Reinvestment Act and its enforcement," Journal of Banking & Finance, Elsevier, vol. 20(5), pages 783-803, June.
    • Handle: RePEc:eee:jbfina:v:20:y:1996:i:5:p:783-803
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    2. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    3. Flannery, Mark J & James, Christopher M, 1984. "The Effect of Interest Rate Changes on the Common Stock Returns of Financial Institutions," Journal of Finance, American Finance Association, vol. 39(4), pages 1141-1153, September.
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    5. Masulis, Ronald W., 1982. "Government intervention in the mortgage market : A study of anti-redlining regulations," Journal of Monetary Economics, Elsevier, vol. 10(2), pages 191-213.
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    8. Jess C. Beltz & Anjan V. Thakor, 1993. "An empirical analysis of the costs of regulatory compliance," Proceedings 434, Federal Reserve Bank of Chicago.
    9. Schipper, K & Thompson, R, 1983. "The Impact Of Merger-Related Regulations On The Shareholders Of Acquiring Firms," Journal of Accounting Research, Wiley Blackwell, vol. 21(1), pages 184-221.
    10. Sundaram, Sridhar & Rangan, Nanda & Davidson, Wallace III, 1992. "The market valuation effects of the Financial Institutions Reform, Recovery and Enforcement Act of 1989," Journal of Banking & Finance, Elsevier, vol. 16(6), pages 1097-1122, December.
    11. Holmes, Andrew & Horvitz, Paul, 1994. "Mortgage Redlining: Race, Risk, and Demand," Journal of Finance, American Finance Association, vol. 49(1), pages 81-99, March.
    12. Binder, Jj, 1985. "On The Use Of The Multivariate Regression-Model In Event Studies," Journal of Accounting Research, Wiley Blackwell, vol. 23(1), pages 370-383.
    13. James, Christopher, 1983. "An analysis of intra-industry differences in the effect of regulation : The case of deposit rate ceilings," Journal of Monetary Economics, Elsevier, vol. 12(3), pages 417-432, September.
    14. Richard A. Posner, 1971. "Taxation by Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 22-50, Spring.
    15. Glenn B. Canner, 1981. "The Community Reinvestment Act: a second progress report," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Nov, pages 813-823.
    16. Schwert, G William, 1981. "Using Financial Data to Measure Effects of Regulation," Journal of Law and Economics, University of Chicago Press, vol. 24(1), pages 121-158, April.
    17. Gregory E. Elliehausen & Robert D. Kurtz, 1985. "Scale economies in compliance costs for consumer credit regulations: the truth in lending and equal credit opportunity laws," Staff Studies 144, Board of Governors of the Federal Reserve System (U.S.).
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    Cited by:

    1. Begoña Gutiérrez-Nieto & Carlos Serrano-Cinca & Juan Camón-Cala, 2016. "A Credit Score System for Socially Responsible Lending," Journal of Business Ethics, Springer, vol. 133(4), pages 691-701, February.
    2. Craig Wesley Carpenter & F. Carson Mencken & Charles M. Tolbert & Michael Lotspeich, 2018. "Locally Owned Bank Commuting Zone Concentration and Employer Start-Ups in Metropolitan, Micropolitan and Non-Core Rural Commuting Zones from 1970-2010," Working Papers 18-34, Center for Economic Studies, U.S. Census Bureau.
    3. Harold A. Black & Raphael W. Bostic & Breck L. Robinson & Robert L. Schweitzer, 2005. "Do CRA‐Related Events Affect Shareholder Wealth? The Case of Bank Mergers," The Financial Review, Eastern Finance Association, vol. 40(4), pages 575-586, November.
    4. Stewart R. Miller & Lorraine Eden & Dan Li, 2020. "CSR Reputation and Firm Performance: A Dynamic Approach," Journal of Business Ethics, Springer, vol. 163(3), pages 619-636, May.

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