Reverse Stock Splits: Motivations, Effectiveness and Stock Price Reactions
Stock price reactions to reverse stock splits are examined in relation to various firm characteristics and market movements. It is found that the market reacts stronger on the ex-date than on the announcement date. The market reaction varies by industry and by reason given for the reverse stock spli...
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| Format: | Others |
| Language: | English English |
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Florida State University
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| Online Access: | http://purl.flvc.org/fsu/fd/FSU_migr_etd-2744 |