STOCKHOLDER REACTION OF DIVIDEND ANNOUNCEMENT DURING A BOOM AND A RECESSION IN TEHRAN STOCK EXCHANGE

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

AGHAEI M.A.; MALEKINEZHAD M.H.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: FINANCIAL ACCOUNTING Year:2009 | Volume:1 | Issue:3 Page(s): 88-106

Download Full-Text

Persian Verion

View:

1,444

Download:

Cites:

Information Journal Paper

Title

STOCKHOLDER REACTION OF DIVIDEND ANNOUNCEMENT DURING A BOOM AND A RECESSION IN TEHRAN STOCK EXCHANGE

Author(s)

AGHAEI M.A. | MALEKINEZHAD M.H. | Issue Writer Certificate

Keywords

ABNORMAL RETURNS BOOMQ2

RECESSIONQ2

DIVIDEND ANNOUNCEMENTSQ2

TEHRAN STOCK EXCHANGEQ3

Abstract

This study examines the short time price effect of DIVIDEND ANNOUNCEMENTS during a boom and a RECESSION in TEHRAN STOCK EXCHANGE. The data used in this study is collected from TSE between the period of 1382-1383, when it was a boom and the period of 1384 - 1385 when it was a RECESSION. The empirical results show that the abnormal returns of DIVIDEND ANNOUNCEMENTS during the RECESSION were positive and during the boom were negative and the results from the overall samples state that the abnormal returns during the RECESSION were positively slightly higher than during the boom. This paper is mostly in line with the theory that investors respect dividends more during bad times than good times.

Cites

INVESTORS' OVERREACTION IN IRAN STOCK MARKET TO GLOBAL FINANCIAL CRISIS NEWS

References

Cite

APA: Copy

AGHAEI, M.A., & MALEKINEZHAD, M.H.. (2009). STOCKHOLDER REACTION OF DIVIDEND ANNOUNCEMENT DURING A BOOM AND A RECESSION IN TEHRAN STOCK EXCHANGE. FINANCIAL ACCOUNTING, 1(3), 88-106. SID. https://sid.ir/paper/168217/en

Vancouver: Copy

AGHAEI M.A., MALEKINEZHAD M.H.. STOCKHOLDER REACTION OF DIVIDEND ANNOUNCEMENT DURING A BOOM AND A RECESSION IN TEHRAN STOCK EXCHANGE. FINANCIAL ACCOUNTING[Internet]. 2009;1(3):88-106. Available from: https://sid.ir/paper/168217/en

IEEE: Copy

M.A. AGHAEI, and M.H. MALEKINEZHAD, “STOCKHOLDER REACTION OF DIVIDEND ANNOUNCEMENT DURING A BOOM AND A RECESSION IN TEHRAN STOCK EXCHANGE,” FINANCIAL ACCOUNTING, vol. 1, no. 3, pp. 88–106, 2009, [Online]. Available: https://sid.ir/paper/168217/en

Related Journal Papers