L. Neuhauser, Karyn; H. Thompson, Thomas - In: International Journal of Managerial Finance 10 (2014) 3, pp. 293-311
Purpose – The purpose of this paper is to examine the survivability of 810 reverse splits during the 1995-2006 period and show that companies that undertake reverse stock splits often fail within a relatively short time following the split. Design/methodology/approach – Applying both a logit...