We provide evidence on the frequency and size of payouts by Australian firms, and test
whether the life‐cycle theory explains Australian corporate payout policies. Regular …

Past researches have revealed significant abnormal returns for bonus issues even though
the bonus issue date is known in advance and the distribution contains no new information …

Purpose–The purpose of this paper is to examine whether stock dividend announcements
create value for companies traded on the Nigerian stock market and to ascertain the nature …

The efficient market hypothesis has been the subject of a wide debate over the past
decades. This paper investigates the market efficiency by using laboratory experiments. We …

This paper investigates stock dividends and stock splits on the Copenhagen Stock
Exchange (CSE), which is of interest because several of the more recent explanations for a …

Shareholdings for a sample of institutional equity funds, operating under the Australian
imputation tax system, show that dividend policy and fund holdings are related. Relative to …

Corporate events have numerous effects on the stock market, as found by several research
studies in the world. In this regard, the aim of this paper is to test the semi-strong form of …

We assess the market valuation of an unusual form of stock dividends, referred to as bonus
distributions, which are carried out by transferring the accumulated equity reserves, mainly …

I apply a new single‐pass capital asset pricing model methodology for assessing systematic
risk to all ASX stocks which indicates that securities which pay franking credits in Australia …

This dissertation examines four specific aspects of capital structure and dividend policy. The
first issue concerns the determinants of capital structure dynamics. The primary objective is …