the influence of stock split toward return and trading volume.pdf - PDFQueen - PDF Search engine. Free unlimited pdf search and download.

by D Easley - Cited by 107

http://forum.johnson.cornell.edu/faculty/saar/Stock Splits.pdf

by M KAUSTIA - Cited by 30

http://www.hse.fi/NR/rdonlyres/254A8819-7995-4A8C-8F95-74DF8D2B0F4D/0/Kaustia_MarketWideImpactoftheDispositionEffectEvidencefromIPOTradingVolume.pdf

by M Grinblatta - 2004 - Cited by 46

http://www.hse.fi/NR/rdonlyres/81FE864B-1498-499F-B86B-6922A594612C/0/GrinblattKeloharju_Taxlosstradingandwashsales.pdf

trading volume, bid-ask spreads, tick sizes and stock returns is .... influence stock prices. Otherwise, any reaction could happen only on the date of ... In our first approach towards measuring a splits' impact on liquidity we look at ...

http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID499445_code238096.pdf?abstractid=499445&mirid=1

As it is well-documented that stock splits lead to an increase in return .... The results from studies measuring liquidity via trading volume (e.g. Copeland (1979) ... (2003)) point more towards a liquidity decrease in the wake of ..... Other control variables do not significantly influence the stock split decision ...

http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1343155_code962202.pdf?abstractid=1343155&mirid=1

and Menéndez and Gómez-Ansón (2003) stock splits; and Menyah and Paudyal (1996) ... to an increment in trading volume by liquidity investors.5 .... vestors, and dispersion of ownership structure point towards this relationship.9 .... equal to zero, except for the return variable, for which the null hypothesis ...

http://journal.fsv.cuni.cz/storage/1101_str_21_37_-_santamaria_et_al..pdf

Journal of Economics and Finaru:e 9 Volume 19, Number 3 9 Fall 1995 9 Pages .... trading day, the percentage of trades at the bid price was at or above the normal level. This will bias the return toward being positive on the day of split ..... Also, stock splits may influence the costs of stock transactions and ...

http://www.springerlink.com/index/7017GG6144282L32.pdf

“Day trading by small individual investors may also be an influence on the ..... are adjusted for splits and dividends. Returns are computed as logarithmic ... are considerably lower towards the end of the sample period. ..... whether trading volume or number of transactions of a stock is controlled for. These ...

http://www.springerlink.com/index/4437R53268441643.pdf

by J Fleminga - Cited by 4

http://www.ruf.rice.edu/~jfleming/wp/arch1.pdf

by AW Lo - 2000 - Cited by 355

http://volume.technicalanalysis.org.uk/LoWa00.pdf

by M Statman - Cited by 158

http://www.akademik.unsri.ac.id/download/journal/files/afajof/P463_Behavioral_Finance_oaj_unsri.pdf

by CH Griffin Jr - Related articles

http://www.fma.org/Texas/Papers/AbnormalReturnsinStockSplits.pdf

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http://www.fma.org/Journals/2008/Summer2008.pdf

by SM Hussain - Related articles

http://www.campus-for-finance.com/fileadmin/docs/docs_cfp/Paper_2009/Hussain_-_The_Intraday_Behaviour_of_Bid-Ask_Spreads__Trading_Volume_and_Return_Volatility.pdf

trading associated with financial derivatives arbitrage, and the growing influence of institutional .... the returns and trading volume of individual stocks. ... stock splits that occur during the month. The security turnover averages in Table 2 are ..... attitudes towards specific securities in their portfolio. ...

http://rfs.oxfordjournals.org/cgi/reprint/hhj032v1.pdf

by G Muradoğlu - Related articles

http://www.bilkent.edu.tr/~aydogan/stdiv.pdf

by MM Hadi - 2006 - Related articles

http://www.eurojournals.com/IRJFE 3 2 hadi.pdf

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http://www.eurojournals.com/IRJFE ISSUE13 peng.pdf

If there had been a stock split during the period, adjustments were made .... to eliminate the influence occasioned by differences among respective ... In this section, daily average trading volume is assumed to be normal .... The price of the new stock, Company B, goes up from (X-T) to X. It will move down toward ...

http://www.saa.or.jp/english/publications/nakaguma-ishii_e.pdf

by M Halling - Cited by 55

http://www.fep.up.pt/investigacao/cempre/actividades/sem_fin/sem_fin_01/PAPERS_PDF/paper_sem_fin_27set04.pdf

by J Farinha - Related articles

http://www.fep.up.pt/investigacao/cete/papers/DP0608.pdf

by N ZHU - Related articles

http://faculty.gsm.ucdavis.edu/~nzhu/papers/individual_trading_chapter.pdf

move towards increased transparency in accounting standards and the spread of ... explain the abnormal return and what is their magnitude of influence? ..... lack in trading volume, five because of missing stock prices and the last one ...

http://www.hgu.gu.se/files/cff/final thesis ader-diamant v06.pdf

toward legal and less profitable trades, and away from illegal and more .... recommendations on a stock may play a role in increasing trading volume. .... To the extent that analysts influence trades made by their clients, they are ...... evidence of excess returns around the splits themselves, suggesting that the ...

http://www.stern.nyu.edu/~adamodar/pdfiles/invphil/ch10.pdf

much greater impact on both trading volume and prices. .... to direct your money towards companies with higher quality earnings surprises by avoiding firms with large accruals. ... Figure 10.14: Cumulative Excess Return to Target Company Stock .... Other Information. 1. Stock Splits. 10%. 20%. 30%. Month of split ...

http://www.stern.nyu.edu/~adamodar/pdfiles/invphiloh/infotrading.pdf

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http://icf.som.yale.edu/working_papers/papers/2001/Lo05A.pdf

by FD FOSTER - 1993 - Cited by 361

http://finance.martinsewell.com/stylized-facts/volatility/FosterViswanathan1993.pdf

trading volume and stock returns in the emerging Greek stock market ... co-movements and the adjustment process towards ... influence the current stock returns. In contrast to ..... splits. Consumer price index (CP) is used as proxy ...

http://www.informaworld.com/index/Q65R786266N66462.pdf

by YK HENDERSON - 1990 - Cited by 15

http://ntj.tax.org/wwtax/ntjrec.nsf/175d710dffc186a385256a31007cb40f/af4baa189afa743e8525686c00686dc1/$FILE/v43n4411.pdf

by M Baker - Cited by 131

http://www.people.hbs.edu/mbaker/cv/papers/InvestorSentiment.pdf

“Predicting Stock Splits with the Help of Prior Firm-Specific ... Stock Return Variances: Differential Effects on the Bid-Ask Spread, Return Autocorrelations, and ... “The Influence of Organized Options Trading on Stock Price Behavior Following .... “Trading Volume and Market Efficiency.” Presented at the ...

http://cob.fsu.edu/fin/vita/dpeterson.pdf

by C Wulff - Cited by 22

http://edoc.hu-berlin.de/series/sfb-373-papers/1999-42/PDF/42.pdf

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http://www.sfb504.uni-mannheim.de/publications/dp03-14.pdf

by Y Nevmyvaka - Cited by 7

http://www.cis.upenn.edu/~mkearns/papers/optexec.pdf

by MT Bohl - Cited by 2

http://134.245.95.50:8080/dspace/bitstream/10419/22111/1/p62006.pdf

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http://www.nes.ru/~agoriaev/Papers/Rouwenhorst Local return factors and turnover in emerging stock markets JF99.pdf

by M Grinblatt - Cited by 46

http://jfe.rochester.edu/03040.pdf

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by P Asquith - 2005 - Cited by 150

http://bear.warrington.ufl.edu/ritter/work_papers/Short Interest, Institutional Ownership, and Stock Returns.pdf

point toward ' job security and respect reco- ... practices influence the performance of policewomen. ... turn, volatility, and trading volume around the split ex-dates for a ... negative effect on price and return of stock splits. ...

http://www.iiml.ac.in/media/2007/newsletter.Mar07.pdf

by Q LI - Cited by 4

http://www.rst.nus.edu.sg/research/workingpaper/2005-013.pdf

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http://web.mit.edu/alo/www/Papers/rfsfinal.pdf

by L Fang - 2007 - Cited by 25

http://www.bus.wisc.edu/finance/workshops/documents/fang_paper.pdf

of a given stock over T seconds while spending the least ..... execution on the state of the market – trading volume and ... to split a large order into several pieces and transact them sequentially. ... the trader's attitude towards risk and return. ... which can influence the outcome of our analysis? In other ...

http://ieeexplore.ieee.org/iel5/10218/32584/01524045.pdf?arnumber=1524045

by S Guharay - Related articles

http://www.rose-hulman.edu/mathjournal/archives/2002/vol3-n2/paper1/v3n2-1pd.pdf

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http://faculty.fuqua.duke.edu/~charvey/Teaching/IntesaBci_2001/R_Local_return.pdf

by J Peress - Cited by 7

http://www.lse.ac.uk/collections/paulWoolleyCentre/pdf/First Conference Papers/J_Peress.pdf

We examine trading volume and stock returns around the 1998 reduction in the ..... toward zero. For example, some investors in the 728 control firms may have benefited from .... taxable individual investors influence trading in the firm,s equity. ..... trading day t, adjusted for stock splits and stock dividends, ...

http://www.nber.org/papers/W7827.pdf

by BM Barber - 1998 - Cited by 143

http://faculty.haas.berkeley.edu/odean/Papers current versions/FAJ NovDec99 Barber and Odean.pdf

by A Scvic - 2005 - Related articles

http://www.biztek.edu.pk/downloads/research/jmss_v1_n2/v1n2_99-126.pdf