Impact of splits on stock splits ratios around announcement day: empirical evidence from India

Stock split should not have any impact on share prices, and there should be no value creation. The purpose of this study is to find any impact of stock splits announced in India between 1999 and 2019 on stock returns. The study aims to find differences in the impact of stock splits on stock returns...

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Bibliographic Details
Main Authors: Anjali Gupta, Purushottam Kumar Arya
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2020-10-01
Series:Investment Management & Financial Innovations
Subjects:
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/14073/IMFI_2020_03_Gupta.pdf