Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

The Interaction Effect of Earnings and Dividend Announcements on Share Price Australian Evidence

The Interaction Effect of Earnings and Dividend Announcements on Share Price Australian Evidence Since Ball and Brown's 1968 seminal paper on the association between unexpected changes in earnings and share prices, there have been an abundance of empirical studies that suggest that announcements of earnings and dividends do indeed convey new and useful information to capital market participants. Most of these studies, however, have examined the information effects of only earnings OR dividend announcements. They did not examine whether the share market evaluates each announcement with respect to the information contained in the other. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Managerial Finance Emerald Publishing

The Interaction Effect of Earnings and Dividend Announcements on Share Price Australian Evidence

Managerial Finance , Volume 18 (1): 12 – Jan 1, 1992

Loading next page...
 
/lp/emerald-publishing/the-interaction-effect-of-earnings-and-dividend-announcements-on-share-jEzIyymGuh
Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0307-4358
DOI
10.1108/eb018441
Publisher site
See Article on Publisher Site

Abstract

Since Ball and Brown's 1968 seminal paper on the association between unexpected changes in earnings and share prices, there have been an abundance of empirical studies that suggest that announcements of earnings and dividends do indeed convey new and useful information to capital market participants. Most of these studies, however, have examined the information effects of only earnings OR dividend announcements. They did not examine whether the share market evaluates each announcement with respect to the information contained in the other.

Journal

Managerial FinanceEmerald Publishing

Published: Jan 1, 1992

There are no references for this article.