The impact of information content of stock dividend on the abnormal return of companies listed on Amman Stock Exchange
published by Aِl-Baath University
in 2016
in Business Management
and research's language is
العربية
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Abstract in English
The aim of this study was to determine the response of
Jordanian companies Shares listed on the Amman Stock
Exchange to stock dividend announcements in Jordan, to
identify this impact in ASE, the researcher calculated the
average abnormal returns of Jordanian companies that have
announced stock dividend during the announcement period
from the day 20 before announcement date to the day 20 after,
during the study period (2010 - 2006).
References used
Grinbalatt. Mank, Masulis. Ronald, and Titman, (1984), Sheridan, The Evaluation Effect of Stock Dividend, Journal of financial and Economics, USA, vol.13, pp. 461-490
Rodney D. Boehme, Bartley R. Danielsen, (2007), Stock split post –announcement return under reaction or market friction, The Financial review, USA, vol.42, 485-506
Satyajit Dhar , Sweta Chhaochharia, 2008, Market reaction around the stock split and Bonus issue, USA, Electronic copy available at: http://ssrn.com/abstract=1087200