Stock Dividends in Germany: An Empirical Analysis
Stock distributions can affect the number of outstanding shares and the equity structure of a firm. From a neoclassical perspective, neither should have any effect on market value. However, a respectable number of empirical studies disclose overwhelming evidence that stock markets have a significant...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Berlin
Verlag Wissenschaft & Praxis
2020, c2015
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| Edition: | 1st ed |
| Series: | Studienreihe der Stiftung Kreditwirtschaft an der Universität Hohenheim
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | Stock distributions can affect the number of outstanding shares and the equity structure of a firm. From a neoclassical perspective, neither should have any effect on market value. However, a respectable number of empirical studies disclose overwhelming evidence that stock markets have a significantly positive reaction to the announcement of stock distributions. -- Despite the broad consensus about the positive market reaction, the possible causes are still debated. Focusing on stock dividends, which are a special type of stock distribution, this study revisits this puzzle and provides deeper insight into the economic ramifications of changes in the equity structure |
| Item Description: | Duncker & Humblot GmbH |
| Physical Description: | 1 Online-Ressource (160 Seiten) 14 b&w ills., 38 b&w tables |
| ISBN: | 9783896446879 |
Staff View
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:44:53Z |
| indexdate | 2024-07-10T09:31:37Z |
| institution | BVB |
| isbn | 9783896446879 |
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| series2 | Studienreihe der Stiftung Kreditwirtschaft an der Universität Hohenheim |
| spelling | Sturz, Dirk Verfasser aut Stock Dividends in Germany An Empirical Analysis Dirk Sturz 1st ed Berlin Verlag Wissenschaft & Praxis 2020, c2015 1 Online-Ressource (160 Seiten) 14 b&w ills., 38 b&w tables txt rdacontent c rdamedia cr rdacarrier Studienreihe der Stiftung Kreditwirtschaft an der Universität Hohenheim Duncker & Humblot GmbH Stock distributions can affect the number of outstanding shares and the equity structure of a firm. From a neoclassical perspective, neither should have any effect on market value. However, a respectable number of empirical studies disclose overwhelming evidence that stock markets have a significantly positive reaction to the announcement of stock distributions. -- Despite the broad consensus about the positive market reaction, the possible causes are still debated. Focusing on stock dividends, which are a special type of stock distribution, this study revisits this puzzle and provides deeper insight into the economic ramifications of changes in the equity structure Empirical Analysis Stock distribution Stock dividends https://elibrary.duncker-humblot.com/9783896446879 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Sturz, Dirk Stock Dividends in Germany An Empirical Analysis Empirical Analysis Stock distribution Stock dividends |
| title | Stock Dividends in Germany An Empirical Analysis |
| title_auth | Stock Dividends in Germany An Empirical Analysis |
| title_exact_search | Stock Dividends in Germany An Empirical Analysis |
| title_exact_search_txtP | Stock Dividends in Germany An Empirical Analysis |
| title_full | Stock Dividends in Germany An Empirical Analysis Dirk Sturz |
| title_fullStr | Stock Dividends in Germany An Empirical Analysis Dirk Sturz |
| title_full_unstemmed | Stock Dividends in Germany An Empirical Analysis Dirk Sturz |
| title_short | Stock Dividends in Germany |
| title_sort | stock dividends in germany an empirical analysis |
| title_sub | An Empirical Analysis |
| topic | Empirical Analysis Stock distribution Stock dividends |
| topic_facet | Empirical Analysis Stock distribution Stock dividends |
| url | https://elibrary.duncker-humblot.com/9783896446879 |
| work_keys_str_mv | AT sturzdirk stockdividendsingermanyanempiricalanalysis |