| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w1248 |
| 来源ID | Working Paper 1248 |
| Earnings and Dividend Announcements is there a Corroboration Effect? | |
| Alex Kane; Young Ki Lee; Alan J. Marcus | |
| 发表日期 | 1983-12-01 |
| 出版年 | 1983 |
| 语种 | 英语 |
| 摘要 | We examine abnormal stock returns surrounding contemporaneous earnings and dividend announcements in order to determine whether investors evaluate the two announcements in relation to each other.We find that there is a statistically significant interaction effect.The abnormal return corresponding to any earnings or dividend announcement depends upon the value of the other announcement. This evidence suggests the existence of a corroborative relationship between the two announcements. Investors give more credence to unanticipated dividend increases or decreases when earnings are also above or below expectations, and vice versa. |
| 主题 | Financial Economics |
| URL | https://www.nber.org/papers/w1248 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558474 |
| 推荐引用方式 GB/T 7714 | Alex Kane,Young Ki Lee,Alan J. Marcus. Earnings and Dividend Announcements is there a Corroboration Effect?. 1983. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w1248.pdf（308KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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