Sare, Yakubu Awudu; Kumah, Seyram Pearl; Salakpi, Andrews - In: Asian Economic and Financial Review 4 (2014) 4, pp. 440-450
This study examines the market’s reaction to dividend initiation announcements. In particular, it considered the magnitude of abnormal returns during the days that surround announcements of dividend initiation. This study expects to reveal whether dividend initiation is important to investors...