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- W4210444290 abstract "This paper presents evidence that stocks traded on the Tel Aviv Stock Exchange (TASE), which appear to have provided significant abnormal returns following the announcement of stock dividend distributions, provide no such significant abnormal returns when the normal returns are defined in accordance with the Arbitrage Pricing Theory. The findings are similar to those reported by Biger and Page (1994) for South African shares traded on the JSE. In a sense the findings support the contention that at least some seemingly abnormal reaction of the market to corporate events is attributable to the choice of a measurement technique or model and not to market imperfections." @default.
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- W4210444290 date "1996-11-30" @default.
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- W4210444290 title "Some Further Evidence of the Effects of Model Choice on Market Events: Distribution of Stock Dividends on the Tel-Aviv Stock Exchange" @default.
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- W4210444290 doi "https://doi.org/10.1080/03796205.1996.12129099" @default.
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