Chan, Keith K.W.; McColough, Damien W.; Skully, Michael T. - In: Australian Journal of Management 18 (1993) 1, pp. 41-62
This paper used an event study approach to examine the impact of dividend reinvestment plans on shareholders' returns … introduce a dividend reinvestment plan (DRP) was received indifferently by the market before 1 July 1988, but was valued …