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1. 1. Economic Implications of the Payment Services Directive 2: Empirical Evidence from the Capital Markets

   University essay from Göteborgs universitet/Företagsekonomiska institutionen

   Author : Maxim Mokhonko; Kushtrim Sylejmani; [2019-02-01]
   Keywords : event study; Payment Service Directive 2; PSD 2; regulation;

   Abstract : This study is the first, to our knowledge, to analyze the effect of the Payment Services Directive 2 on the European banks’ stock returns. The financial market data is analyzed using the event study methodology. Our findings show that the PSD 2 has had a statistically significant positive impact on the stock returns of the European banks. READ MORE