Effects of bonus issues.
Extensive research has been done with regard to the effect and benefits of bonus share issues. There are different views regarding the effects of bonus share issues : • Fundamentalists argue that bonus share issues will not benefit investors because the equity of the company remains the same. Thus,...
Main Authors: | , , |
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Other Authors: | |
Format: | Thesis |
Language: | English |
Published: |
2009
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Subjects: | |
Online Access: | http://hdl.handle.net/10356/20026 |
Summary: | Extensive research has been done with regard to the effect and benefits of bonus share issues. There are different views regarding the effects of bonus share issues : • Fundamentalists argue that bonus share issues will not benefit investors because the equity of the company remains the same. Thus, investors will get "nothing" out of "nothing". • Others believe that they can reap abnormal profits from bonus share issues as a bonus share issue is an indication (signal) of better future for the company. |
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