search query: @author Peterson, D. R. / total: 6
reference: 2 / 6
| Author: | Klein, L. S. Peterson, D. R. |
| Title: | Earnings forecast revisions associated with stock split announcements |
| Journal: | Journal of Financial Research
1989 : WINT. VOL: 12:4, p.319-328 |
| Index terms: | STOCK MARKETS SHARE PRICES |
| Language: | eng |
| Abstract: | Three hypotheses have been offered to explain abnormal stock returns at stock split announcements: 1) the trading rate 2) attention and 3) signalling hypotheses. It was also observed that splitting firms have greater post- announcement earnings growth than control nonsplitting firms. Using data, significantly larger forecast revisions found for split firms than for control nonsplit firms. |
SCIMA