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Further evidence on the announcement effect of bonus shares in an imputation tax setting

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  • Balachandran, Balasingham
  • Faff, Robert
  • Tanner, Sally

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  • Balachandran, Balasingham & Faff, Robert & Tanner, Sally, 2004. "Further evidence on the announcement effect of bonus shares in an imputation tax setting," Global Finance Journal, Elsevier, vol. 15(2), pages 147-170, August.
    • Handle: RePEc:eee:glofin:v:15:y:2004:i:2:p:147-170
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    12. J. Randall Woolridge, 1983. "Stock Dividends As Signals," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 6(1), pages 1-12, March.
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    14. Kathryn L. Dewenter & Vincent A. Warther, 1998. "Dividends, Asymmetric Information, and Agency Conflicts: Evidence from a Comparison of the Dividend Policies of Japanese and U.S. Firms," Journal of Finance, American Finance Association, vol. 53(3), pages 879-904, June.
    15. Barber, Brad M. & Lyon, John D., 1996. "Detecting abnormal operating performance: The empirical power and specification of test statistics," Journal of Financial Economics, Elsevier, vol. 41(3), pages 359-399, July.
    16. Hamish Anderson & Steven Cahan & Lawrence C. Rose, 2001. "Stock Dividend Announcement Effects in an Imputation Tax Environment," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 28(5‐6), pages 653-669, June.
    17. McNichols, Maureen & Dravid, Ajay, 1990. "Stock Dividends, Stock Splits, and Signaling," Journal of Finance, American Finance Association, vol. 45(3), pages 857-879, July.
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    Cited by:

    1. Karamjeet Kaur & Balwinder Singh, 2009. "Stock Price Reaction to Bonus Share Announcements in India," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 34(2), pages 202-226, May.
    2. Cahit Adaoglu & Meziane Lasfer, 2011. "Why Do Companies Pay Stock Dividends? The Case of Bonus Distributions in an Inflationary Environment," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 38(5-6), pages 601-627, June.
    3. Balachandran, Balasingham & Faff, Robert & Nguyen, Tuan Anh, 2004. "The intra-industry impact of special dividend announcements: contagion versus competition," Journal of Multinational Financial Management, Elsevier, vol. 14(4-5), pages 369-385.

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