Showing 1 - 10 of 16,428
Persistent link: https://www.econbiz.de/10009691380
Persistent link: https://www.econbiz.de/10011535857
Persistent link: https://www.econbiz.de/10010345141
We analyze a firm's choice between dividend payments and stock repurchases under heterogeneous beliefs and the … of its equity, choose between paying out its cash available through a dividend payment or a stock repurchase, as well as …. Finally, we develop a number of new results characterizing a firm's long-run stock returns following dividend payments and …
Persistent link: https://www.econbiz.de/10012974192
Persistent link: https://www.econbiz.de/10011595820
Persistent link: https://www.econbiz.de/10011795196
Persistent link: https://www.econbiz.de/10009746553
Persistent link: https://www.econbiz.de/10011437528
We document a significant positive relation between earnings announcement idiosyncratic volatility and stock returns in the 10-day window before future earnings announcements. The average of risk-adjusted return differences between stocks with the highest earnings announcement idiosyncratic...
Persistent link: https://www.econbiz.de/10013000946
Prior research documents that volatility spreads predict stock returns. If the trading activity of informed investors is an important driver of volatility spreads, then the predictability of stock returns should be more pronounced during major information events. This paper investigates whether...
Persistent link: https://www.econbiz.de/10013039227