This article examines the stock market reaction to announcements of cash dividend increases and bonus issues (stock dividends) in the emerging stock market of Cyprus. Both events elicit significantly positive abnormal returns, in line with evidence from developed stock markets. This study...

This article examines the stock market reaction to announcements of cash dividend increases and bonus issues (stock dividends) in the emerging stock market of Cyprus. Both events elicit significantly positive abnormal returns, in line with evidence from developed stock markets. This study...

This essay posits that there is a genetic contribution to managerial ethics. Specifically, it introduces a perspective from the field of genetics to corporate governance research by suggesting that the extent of opportunism exhibited by managers in their relationship with shareholders is partly...