On the Differential Market Reaction to Dividend Announcement: Evidence from an Emerging Equity Market

Usman Bashir, Syed Zulfiqar Ali Shah, Muntazir Hussain

Abstract

The corporate finance literature for market reaction to dividend announcements reports mixed results

Keywords

dividend announcement, cumulative abnormal returns, firm-specific factors, market reaction

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https://doi.org/10.5817/FAI2013-3-1

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