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...

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Bibliographic Details
Main Authors: Muntazir Hussain, Syed Zulfiqar Ali Shah, Usman Bashir
Format: Article
Language:English
Published: Masaryk University 2013-09-01
Series:Financial Assets and Investing
Subjects:
Online Access:http://is.muni.cz/do/econ/soubory/aktivity/fai/43807721/FAI2013_03_01.pdf