1887

n Investment Analysts Journal - Price adjustments on the JSE for announcements of share (stock) dividends

Volume 1997, Issue 46
  • ISSN : 1029-3523
This is currently unavailable for purchase.

 

Abstract

Extracted from text ... Number 46 - Part 3 W. Bethlehem, BCom (Witwatersrand) Price adjustments on the JSE for announcements of share (stock) dividends Introduction Unlike most cash dividend and capital structure changes, share dividends do not directly affect the future cash flows of the firm. Traditionally, share dividend declarations have been viewed by many academics and financial managers as costly transactions which merely increase the number of claims on the assets and earnings of the firm and therefore are worthless to shareholders. However, in markets where managers have information about current and future earnings which is unavailable to investors, share dividends may provide ..

Loading full text...

Full text loading...

Loading

Article metrics loading...

/content/invest/1997/46/EJC46695
1997-01-01
2016-12-10

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error