In this paper we investigate the relation of the anomalies on accruals and net stock issues with the value … proxies), cash distributions to equity holders (net stock issues proxy), past sales growth, book to market ratio and free cash … anomalies on accruals and net stock issues capture distinct forms of mispricing with the value glamour anomaly. Alternatively …

the persistence of net cash distributions to equity holders (dividends minus net stock issues). Our evidence suggests that … the accrual anomaly documented in the accounting literature and the anomaly on net stock issues documented in the finance …

In this article, we focus on net stock issues which is a relatively unexplored asset pricing anomaly. We examine the … relationship between net stock issues and returns in the Indian context using data for BSE 500 stocks from 1995 to 2012. The …. We specifically find a negative relationship between net stock issues and returns after controlling for other firm …