The Meaning of Stock Splits
- Stock split candidates. Stovall, Robert H. // FW;5/23/95, Vol. 164 Issue 12, p86
Predicts that 1995 could wind up becoming a record year for stock splits, exceeding the all-time high of 225 achieved in 1983. Contribution of stock splits to the stability of the market; Sustained firmness in stock prices as corporate earnings continue to expand.
- The role of information in stock split announcement effects. Arbel, Avner; Swanson, Gene // Quarterly Journal of Business & Economics;Spring93, Vol. 32 Issue 2, p14
Investigates the role of information in stock split announcement effects by examining pure stock split announcements. Definition of pure split announcements; Support of the hypothesis that market anticipation of split announcements is directly related to the stocks' information richness;...
- Further evidence on managerial motives for stock splits. Baker, H. Kent; Powell, Gary E. // Quarterly Journal of Business & Economics;Summer93, Vol. 32 Issue 3, p20
Studies managerial motives for issuing stock splits. Makeup of sample population; Main motive of a split; Mean preferred trading range of stock splits firms; Differences between small and large stock splits.
- The wealth and earnings implications of stock splits by nondividend-paying firms. Pilotte, Eugene // Quarterly Journal of Business & Economics;Winter97, Vol. 36 Issue 1, p81
Studies long-term wealth effects associated with stock splits of nondividend-paying firms. Estimation of cumulative abnormal returns (CARs); Link of CAR patterns and splits; Estimation of announcement period abnormal returns and earnings forecast errors.
- Split decisions. Stovall, Robert H. // Financial World;01/21/97, Vol. 166 Issue 1, p88
Reports that the number of companies in the United States that will wind up splitting their stocks in 1996 will likely exceed last year's figures. Companies that split their stocks; Reasons why companies split their stocks; Advantages of stock splitting.
- Why you'd be foolish to count on a 10% annual return from... Zweig, Jason // Money;Jan1996, Vol. 25 Issue 1, p45
Opinion. States that your stock never returns at 10 percent a year. Taxes; Fees mutual fund charges; Why 1995 was a good year.
- Evidence on the behavior of bid-ask spreads surrounding stock split announcements. Forjan, James M.; McCorry, Michael S. // Journal of Applied Business Research;Fall95, Vol. 11 Issue 4, p97
Studies the bid-ask spread reaction to the announcement of stock splits. Behavior of bid-ask spreads; Stock split literature; Positive stock market reaction.
- Newsletter selects potential stock splits of 87 NYSE listed companies. // Hudson Valley Business Journal;9/20/93 - 9/27/93, Vol. 5 Issue 37, p20
Reports on the increase in stock splitting among several companies. Report by `The Outlook' newsletter; Estimated total of stock splits in 1993; Lack of advantages in a stock split; Factors behind the trend.
- What causes a stock to split, and is this a good thing? Branch, Shelly // Black Enterprise;Apr94, Vol. 24 Issue 9, p49
Offers investment and other financial advice. Stock splits; Determining how big a house you can afford; Views of the National Association of Realtors.