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This paper attempts to address the connections among the nature of news, insider ownership, stock price, and stock returns. The empirical studies show that stock price could mislead investors' behavior and enhance the impact of the nature of news on stock returns. Besides, the higher stock price is, the less impact analyst forecast revision would create. This research assumes that investors tend to...
Healy and Palepu (1988) found change of dividends contains information contents. However, Benartzi, Michaely, and Thaler (1997) had different perspectives. I am interested in exploring whether investors on stock markets in Taiwan consider that cash dividends contain information contents is due to the different points of view on whether changes of dividends have information contents. The empirical...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.