Why do stock prices drop by less than the value of the dividend? Evidence from a country without taxes

Journal of Financial Economics

Volumn 47, Issue 2, 1998, Pages 161-188

  Frank, Murray ^a   Jagannathan, Ravi ^b,c  

^a UNIVERSITY OF BRITISH COLUMBIA   (Canada)

^b NORTHWESTERN UNIVERSITY   (United States)

^c UNIVERSITY OF MINNESOTA   (United States)

Author keywords

Asset Pricing; Bid Ask Spread; Dividends; G12; G35; Market Microstructure

Indexed keywords

EID: 0039403114     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-405X(97)80053-0     Document Type: Article

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