Faithin Omaha eBook Collection

We re-examine whether the abnormal returns around stock split announcements can be explained by an information hypothesis. Our evidence establishes a link betwe

A stock split is often regarded as a pure cosmetic accounting treatment and yet prior research shows that the market reacts positively upon the arrival of the s

This paper investigates the market reaction to stock splits, using a set of German firms. Similar to the findings in the U.S., I find significant positive abnor

Stock splits are a relatively new phenomenon in the Indian context. This paper examines the market effect of stock splits on stock price, return, volatility, an