Article ID Journal Published Year Pages File Type
5089783 Journal of Banking & Finance 2012 13 Pages PDF
Abstract
► We document households' stock trading in response to dividends and tender offers. ► Households' reinvestment activity is low for dividends. ► Reinvestment of tender offer proceeds is significantly higher than for dividends.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Rational and behavioral motives to trade: Evidence from reinvestment of dividends and tender offer proceeds
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