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- W2128726497 abstract "This study analyses the price reaction to stock dividend distributions by firms listed on the Athens Stock Exchange on both the announcement and the ex-dividend day. It also analyses earnings per share, dividends per share and trading volume in the pre- and post-announcement periods. The findings show statistically insignificant abnormal returns on both the announcement and the ex-dividend day. The analysis does not reveal any significant change in earnings per share and dividends per share, but it does reveal a significant decline in the market-adjusted trading volume in the post dividend period. The findings, based on a different institutional environment, expand the empirical evidence on the value effects of stock dividends." @default.
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- W2128726497 date "2000-12-01" @default.
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- W2128726497 title "Valuation Effects of Greek Stock Dividend Distributions" @default.
- W2128726497 doi "https://doi.org/10.1111/1468-036x.00137" @default.
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