We investigate firms' decisions to pay elective stock dividends, known in the UK as scrip
dividends. Scrip dividends give investors the choice between receiving new shares or the …

We assess the market valuation of an unusual form of stock dividends, referred to as bonus
distributions, which are carried out by transferring the accumulated equity reserves, mainly …

Theoretically, stock dividends have no impact on financial position of the announcing
company as net worth and total assets remain the same, though empirical evidence across …

Purpose The paper aims to measure the magnitude of the event-induced return anomaly
around bonus issue announcement days in Turkey for recent years. Also, by describing the …

The objective of this study is to examine the stock price reaction to the bonus issue
announcement in Dhaka Stock Exchange (DSE) in Bangladesh. Data of all the 136 right …

Corporate actions announcement is usually assumed to offer good news to participants in
market. In case of fictitious corporate action such as Bonus share issue, tend to react on …

Purpose This paper aims to examine the stock return behaviour around the bonus issue
announcements in eight emerging markets for 2010–2019 by addressing the signalling …

Şirketler finansman ihtiyaçlarını karşılamak için kullandıkları finansal enstrümanların
arasında halka arzlar yer almaktadır. Halka arzın şirketler açısından en önemli özelliği …

Purpose–The purpose of this paper is to investigate the opinions of managers of Indian firms
on stock splits and bonus shares (stock dividends) and relate them to explanations for stock …

This study examines how the large-cap and mid-cap firms listed on the National Stock
Exchange responded to bonus share announcements between January 1, 2006, to …