Stock Price Reaction to Dividend Announcement: An Empirical Study on Dhaka Stock Exchange (DSE)
Bhattacharya, S., (1979). Imperfect information, dividend policy, and “the bird in the hand” fallacy. The Bell Journal of Economics, 10(1), 259-270. https://doi.org/3003330
Charest, G., (1978). Dividend information, stock returns and market efficiency-II. Journal of Financial Economics, 6(2-3), 297-330. https://doi.org/10.1016/0304-405X(78)90033-8
Pettit, R.R., (1972). Dividend announcements, security performance, and capital market efficiency. The Journal of Finance, 27(5), 993-1007. https://doi.org/10.1111/j.1540-6261.1972.tb03018.x
Alagidede, P. and Panagiotidis, T., (2009). Calendar anomalies in the Ghana stock exchange. Journal of Emerging Market Finance, 8(1), 1-23. https://doi.org/10.1177/097265270900800101
Ali, M.B. and Chowdhury, T.A., (2010). Effect of dividend on stock price in emerging stock market: A study on the listed private commercial banks in DSE. International Journal of Economics and Finance, 2(4), 52-64. https://doi.org/10.5539/ijef.v2n4p52
Al-Qenae, R., Li, C.A. and Wearing, B., (2015). The information content of earnings on stock prices: The Kuwait Stock Exchange. Multinational Finance Journal, 6(3/4), 197-221. https://doi.org/10.17578/6-3/4-3
Baharumshah, A.Z., Mohd, S.H. and Yol, M.A., (2009). Stock prices and demand for money in China: New evidence. Journal of International Financial Markets, Institutions and Money, 19(1), 171-187. https://doi.org/10.1016/j.intfin.2007.11.001
Docking, D.S. and Koch, P.D., (2005). Sensitivity of investor reaction to market direction and volatility: dividend change announcements. Journal of Financial Research, 28(1), 21-40. https://doi.org/10.1111/j.1475-6803.2005.00112.x
Tsoukalas, D., (2003). Macroeconomic factors and stock prices in the emerging Cypriot equity market. Managerial Finance, 29(4), 87-92. https://doi.org/10.1108/03074350310768300
Glaser, M. and Weber, M., (2007). Why inexperienced investors do not learn: They do not know their past portfolio performance. Finance Research Letters, 4(4), 203-216. https://doi.org/10.1016/j.frl.2007.10.001
Hartono, J., (2004). The recency effect of accounting information. Gadjah Mada International Journal of Business, 6(1), 85-116. https://doi.org/10.22146/gamaijb.5536
Ibrahim, M., (1999). Macroeconomic variables and stock prices in Malaysia: An empirical analysis. Asian Economic Journal, 13(2), 219-231.
Raisa, A., (2011). Behind the Scenes the Stock Market Saga. The Daily Star, 10(3). https://www.thedailystar.net/magazine/2011/01/03/cover.htm
Chowdhury, T.A. and Ahmed, K., (2009). Performance evaluation of selected private commercial banks in Bangladesh. International Journal of Business and Management, 4(4), 86-97. https://doi.org/10.5539/ijbm.v4n4p86
Khan, K.I., Aamir, M., Qayyum, A., Nasir, A., and Khan, M.I., (2011). Can dividend decisions affect the stock prices?: A case of dividend paying companies of KSE. International Research Journal of Finance and Economics, 76(68), 69-74.
Rahman, M.Z. and Rahman, M., (2008). Stock price behavior around ex-dividend day: Evidence from Dhaka stock exchange. Journal of Business Administration, (34,1&2), 143-155. Available at SSRN: https://ssrn.com/abstract=1366283
Kurihara, Y., (2006). The relationship between exchange rate and stock prices during the quantitative easing policy in Japan. International Journal of Business, 11(4), 375-386.
Mosarof, M., (2006). Empirical evidence from determinants of stock price and return of Dhaka Stock Exchange. Journal of Finance and Banking, 8, 111-124.