dc.contributor.author | Kvamvold, Joakim | |
dc.contributor.author | Lindset, Snorre | |
dc.date.accessioned | 2019-01-09T12:31:02Z | |
dc.date.available | 2019-01-09T12:31:02Z | |
dc.date.created | 2018-06-01T09:48:17Z | |
dc.date.issued | 2018 | |
dc.identifier.citation | Journal of Financial Research. 2018, 41 (1), 149-174. | nb_NO |
dc.identifier.issn | 0270-2592 | |
dc.identifier.uri | http://hdl.handle.net/11250/2579951 | |
dc.description.abstract | We examine price impacts from dividend flows. Event‐study estimates show that stocks experience abnormal returns on the dividend distribution day. Results also show a spillover effect to non‐dividend‐paying stocks that are likely to be part of the same benchmark portfolio as the dividend‐paying stocks. Regression results indicate that the effect is dependent on the ownership share by professional investors. The temporary nature of the effect on returns is in line with the literature's demand‐driven price pressure hypothesis. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | Wiley | nb_NO |
dc.title | Do Dividend Flows Affect Stock Returns? | nb_NO |
dc.type | Journal article | nb_NO |
dc.type | Peer reviewed | nb_NO |
dc.description.version | acceptedVersion | nb_NO |
dc.source.pagenumber | 149-174 | nb_NO |
dc.source.volume | 41 | nb_NO |
dc.source.journal | Journal of Financial Research | nb_NO |
dc.source.issue | 1 | nb_NO |
dc.identifier.doi | 10.1111/jfir.12142 | |
dc.identifier.cristin | 1588252 | |
dc.description.localcode | Locked until 12.3.2020 due to copyright restrictions. This is the peer reviewed version of an article, which has been published in final form at [https://doi.org/10.1111/jfir.12142]. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving. | nb_NO |
cristin.unitcode | 194,60,20,0 | |
cristin.unitname | Institutt for samfunnsøkonomi | |
cristin.ispublished | true | |
cristin.fulltext | postprint | |
cristin.qualitycode | 1 | |