Dividend announcements and stock market reaction
This paper examines the effect of dividend Announcements on stock market reaction in Kuala Lumpur Stock Exchange. Using an event study approach, the evidence shows that dividend increase announcements are greeted positively by investors, while there are some evidences suggesting investors react neg...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
2009
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Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/26381/1/MPRA%202019%201%2020.pdf |