{"title":"废钞令对股东财富的影响:以印度为例","authors":"P. Abhishek","doi":"10.18488/journal.1007/2019.9.9/1007.9.217.229","DOIUrl":null,"url":null,"abstract":"This paper examines the impact of demonetization on shareholders’ return in India. After the demonetization announcement in India (8 November 2016) money became a significant source of stress. It is documented that this announcement had various effects on individual, social, and economic levels. The data of shareholders’ returns from before and after demonetization for 60 months from October 2012 to November 2017 were collected using a capital line database. The results depict that demonetization ruined shareholders’ wealth for 12 months. However, in the long run it gives investors very attractive returns.","PeriodicalId":426560,"journal":{"name":"Asian Journal of Empirical Research","volume":"40 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Impact of Demonetization on Shareholders’ Wealth: Case of India\",\"authors\":\"P. Abhishek\",\"doi\":\"10.18488/journal.1007/2019.9.9/1007.9.217.229\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper examines the impact of demonetization on shareholders’ return in India. After the demonetization announcement in India (8 November 2016) money became a significant source of stress. It is documented that this announcement had various effects on individual, social, and economic levels. The data of shareholders’ returns from before and after demonetization for 60 months from October 2012 to November 2017 were collected using a capital line database. The results depict that demonetization ruined shareholders’ wealth for 12 months. However, in the long run it gives investors very attractive returns.\",\"PeriodicalId\":426560,\"journal\":{\"name\":\"Asian Journal of Empirical Research\",\"volume\":\"40 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2019-09-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Asian Journal of Empirical Research\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.18488/journal.1007/2019.9.9/1007.9.217.229\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asian Journal of Empirical Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.18488/journal.1007/2019.9.9/1007.9.217.229","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Impact of Demonetization on Shareholders’ Wealth: Case of India
This paper examines the impact of demonetization on shareholders’ return in India. After the demonetization announcement in India (8 November 2016) money became a significant source of stress. It is documented that this announcement had various effects on individual, social, and economic levels. The data of shareholders’ returns from before and after demonetization for 60 months from October 2012 to November 2017 were collected using a capital line database. The results depict that demonetization ruined shareholders’ wealth for 12 months. However, in the long run it gives investors very attractive returns.