Business, Management and Accounting
7 years ago

Good News for Investors: Dividend and Bonus Announcements Impact Stock Prices

1 view
ANVESHAK-International Journal of Management
Semi-Strong Form of Market Efficiency for Dividend and Bonus Announcements:An Empirical Study of India Stock Markets
Pooja Patel, Jay Savani, Nirav Poriya

Paper Summary

The study looked at how news like dividends and bonuses affect stock prices in India. They found that these announcements only impact share prices the day before they are made. This means that investors can't predict stock price changes based on this news.

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