Evidence on Changes in Time Varying Volatility around Bonus and Rights Issue Announcements

Published By: MSE on eSS | Published Date: September, 19 , 2011

The 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(591) | Download (856)


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