We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Market Reaction to Stock Dividends: Evidence from India.
- Authors
Mehta, Chhavi; Jain, P. K.; Yadav, Surendra S.
- Abstract
This research paper examines the market reaction to the stock dividend decisions captured in terms of stock returns, trading liquidity, and risk in India. The empirical findings of the study reveal significant abnormal returns surrounding announcement date, perceiving stock dividends as signals of brighter future prospects. The findings include a decline in liquidity and a reduction in variability of returns.
- Subjects
INDIA; DIVIDENDS; FINANCIAL market reaction; RATE of return on stocks; STOCKHOLDER wealth; CORPORATE finance; LIQUIDITY (Economics)
- Publication
Vikalpa: The Journal for Decision Makers, 2014, Vol 39, Issue 4, p55
- ISSN
0256-0909
- Publication type
Article
- DOI
10.1177/0256090920140405