Weighing the Evidence of Dividend Initiations

This paper analyzes post-event stock performance based on the strength and the weight of evidence of dividend initiations. The strength refers to how extreme the evidence is; the weight refers to how credible the evidence is. Griffin and Tversky’s (1992) experiments show that people are underconfide...

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Bibliographic Details
Main Authors: Guohua Ma, Tianyu Zhu, Xu-Shen Zhou
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 2011-03-01
Series:Global Business and Finance Review
Subjects:
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20150622132401-UOG20.pdf