Economics, Econometrics and Finance
4 years ago

Malaysian firms see 22.98% stock price boost from bonus issues

2 views
Short term performance of bonus issue announcement on Malaysian public listed firms / Nurshawal Othman
Nurshawal Othman

Paper Summary

The study looked at how Malaysian stock prices reacted to bonus issue announcements from 2005 to 2007. They found that while there was a small positive impact on share prices initially, the overall effect was significant over time. This suggests that the market did not react immediately to the news, indicating that the market is not fully efficient.

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