Sermsiriviboon, Nithi; Supattarakul, Somchai - International Institute of Social and Economic Sciences - 2014
Dividend initiations are an economically significant event that has important implications for a firm’s future … dividend decision cautiously. We compare the long run performance of IPO firms that initiated dividends with those of similarly … initiation date. Moreover, we measure investor reactions by 2-day around dividend announcement date cumulative abnormal return …