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Disentangling the Dividend Information in Splits: A Decomposition Using Conditional Event-Study Methods
16 references·16 citing·41 second hopsampled
Disentangling the Dividend Information in Splits: A Decomposition Using Conditional Event-Study Methods (2001)Disentangling the Dividend Information in…Earnings and Stock Splits (2011)Earnings and Stock SplitsThe Adjustment of Stock Prices to New Information (2003)The Adjustment of Stock Price…Conditional Methods in Event Studies and an Equilibrium Justification for Standard Event-Study Procedures (1997)Conditional Methods in Event …The Information Content of Dividend Changes: Cash Flow Signaling, Overinvestment, and Dividend Clienteles (1994)The Information Content of Di…Stock Dividends, Stock Splits, and Signaling (1990)Stock Dividends, Stock Splits…Consistent Estimation of Cross-Sectional Models in Event Studies (1990)Consistent Estimation of Cros…An analysis of intertemporal and cross-sectional determinants of earnings response coefficients (1989)An analysis of intertemporal …The Market Reaction to Stock Splits (1987)The Market Reaction to Stock …Stock Splits and Stock Dividends: Why, Who, and When (1987)Stock Splits and Stock Divide…Predicting takeover targets (1986)Predicting takeover targetsUsing daily stock returns (1985)Using daily stock returnsThe valuation effects of stock splits and stock dividends (1984)The valuation effects of stoc…The Impact of Initiating Dividend Payments on Shareholders' Wealth (1983)The Impact of Initiating Divi…Alternative Estimators and Sample Designs for Discrete Choice Analysis (1981)Alternative Estimators and Sa…Liquidity Changes Following Stock Splits (1979)Liquidity Changes Following S…The Adjustment of Stock Prices to New Information (1969)The Adjustment of Stock Price…Earnings management and post-split drift (2019)Earnings management and post-…Do Stock-Financed Acquisitions Destroy Value? New Methods and Evidence (2015)Do Stock-Financed Acquisition…A Note on Event Studies in Finance and Management Research (2015)A Note on Event Studies in Fi…Why are Stock Splits Declining? (2013)Why are Stock Splits Declinin…Shareholder wealth effects of stock dividends in a unique environment (2013)Shareholder wealth effects of…Stock dividends in China: signalling or liquidity explanations? (2012)Stock dividends in China: sig…Corporate brand name changes and business restructuring: is the relationship complementary or substitutive? (2012)Corporate brand name changes …Why Do Companies Pay Stock Dividends? The Case of Bonus Distributions in an Inflationary Environment (2011)Why Do Companies Pay Stock Di…The information content of stock splits (2011)The information content of st…The stock performance of America's 100 Best Corporate Citizens (2009)The stock performance of Amer…The information content of stock splits (2009)The information content of st…The Impact of Clientele Changes: Evidence from Stock Splits (2009)The Impact of Clientele Chang…The Differences Between Stock Splits and Stock Dividends: Evidence on the Retained Earnings Hypothesis (2007)The Differences Between Stock…Do stock splits signal future profitability? (2006)Do stock splits signal future…The Differences between Stock Splits and Stock Dividends - Evidence from Denmark (2004)The Differences between Stock…An empirical analysis of stock returns around dividend changes (2003)An empirical analysis of stoc…INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Stock Prices and the Supply of Information (1991)What Do Stock Splits Really Signal? (1996)Tick Size, Share Prices, and Stock Splits (1997)Dividend Policy, Growth, and the Valuation of Shares (1961)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)Risk, Return, and Equilibrium: Empirical Tests (1973)Asset pricing and the bid-ask spread (1986)Economic Forces and the Stock Market (1986)Stock splits, stock prices, and transaction costs (1988)Stock Splits, Tick Size, and Sponsorship (2000)How Stock Splits Affect Trading: A Microstructure Approach (2001)An Empirical Evaluation of Accounting Income Numbers (1968)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)ARCH modeling in finance (1992)Introductory Econometrics for Finance (2008)Dividend Policy under Asymmetric Information (1985)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Do Dividend Clienteles Exist? Evidence on Dividend Preferences of Retail Investors (2006)Disappearing Dividends, Catering, and Risk (2008)CSR Initiatives as Market Signals: A Review and Research Agenda (2015)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Job Market Signaling (1973)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)The market for corporate control (1983)The impact of industry shocks on takeover and restructuring activity (1996)Assessing the Probability of Bankruptcy (2004)Determinants of weaknesses in internal control over financial reporting (2007)An Intertemporal Capital Asset Pricing Model (1973)Earnings Asan Explanatory Variable for Returns (1991)Forecasting Profitability and Earnings (2000)Does Greater Firm‐Specific Return Variation Mean More or Less Informed Stock Pricing? (2003)Efficient Capital Markets: II (1991)Efficient Capital Markets: II (1991)Capital markets research in accounting (2001)
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References

  • 1985Using daily stock returns6,497 cited
  • 1969The Adjustment of Stock Prices to New Information3,625 cited
  • 2003The Adjustment of Stock Prices to New Information3,063 cited
  • 1989An analysis of intertemporal and cross-sectional determinants of earnings response coefficients1,685 cited
  • 1986Predicting takeover targets1,311 cited
  • 1983The Impact of Initiating Dividend Payments on Shareholders' Wealth809 cited
  • 1984The valuation effects of stock splits and stock dividends629 cited
  • 1987Stock Splits and Stock Dividends: Why, Who, and When457 cited
  • 1994The Information Content of Dividend Changes: Cash Flow Signaling, Overinvestment, and Dividend Clienteles385 cited
  • 1987The Market Reaction to Stock Splits366 cited
  • 1990Stock Dividends, Stock Splits, and Signaling355 cited
  • 1981Alternative Estimators and Sample Designs for Discrete Choice Analysis344 cited
  • 1979Liquidity Changes Following Stock Splits326 cited
  • 1990Consistent Estimation of Cross-Sectional Models in Event Studies199 cited
  • 1997Conditional Methods in Event Studies and an Equilibrium Justification for Standard Event-Study Procedures193 cited

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  • 2011Earnings and Stock Splits185 cited
  • Cited by

    • 2009The stock performance of America's 100 Best Corporate Citizens86 cited
    • 2015Do Stock-Financed Acquisitions Destroy Value? New Methods and Evidence67 cited
    • 2012Corporate brand name changes and business restructuring: is the relationship complementary or substitutive?45 cited
    • 2003An empirical analysis of stock returns around dividend changes42 cited
    • 2009The Impact of Clientele Changes: Evidence from Stock Splits37 cited
    • 2015A Note on Event Studies in Finance and Management Research36 cited
    • 2006Do stock splits signal future profitability?34 cited
    • 2004The Differences between Stock Splits and Stock Dividends - Evidence from Denmark34 cited
    • 2013Why are Stock Splits Declining?32 cited
    • 2007The Differences Between Stock Splits and Stock Dividends: Evidence on the Retained Earnings Hypothesis32 cited
    • 2012Stock dividends in China: signalling or liquidity explanations?28 cited
    • 2011The information content of stock splits28 cited
    • 2009The information content of stock splits26 cited
    • 2019Earnings management and post-split drift23 cited
    • 2011Why Do Companies Pay Stock Dividends? The Case of Bonus Distributions in an Inflationary Environment19 cited
    • 2013Shareholder wealth effects of stock dividends in a unique environment18 cited