On the Differential Market Reaction to Dividend Announcement: Evidence from an Emerging Equity Market
The corporate finance literature for market reaction to dividend announcements reports mixed results: some of studies support a positive response of markets as a result of dividend announcement whereas some report negative. This study is an attempt to investigate the heterogeneous market reaction to...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Masaryk University
2013-09-01
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Series: | Financial Assets and Investing |
Subjects: | |
Online Access: | http://is.muni.cz/do/econ/soubory/aktivity/fai/43807721/FAI2013_03_01.pdf |