Evidence on Changes in Time Varying Volatility around Bonus and Rights Issue Announcements
Published By: MSE on eSS | Published Date: September, 19 , 2011The short term and long term stock price volatility changes around bonus
and rights issue announcements have been examined using historical
volatility estimation and time varying volatility approach. The results
show that the historical volatility has increased after bonus and rights
issue announcements. [WORKING PAPER 61/2011]. URL:[http://www.mse.ac.in/pub/WORKING%20PAPER%2061.pdf].
Author(s): Madhuri Malhotra, M Thenmozhi, Arun Kumar Gopalaswamy | Posted on: Jan 24, 2012 | Views(524) | Download (856)