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