The Long‐run Performance Following Dividend Initiations and Resumptions: Underreaction or Product of Chance?

By Rodney D Boehme, Sorin M. Sorescu. 2002

168 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/a80b02b3406c7917322b5f478768f193c67edc1a

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In Accounting

1. David A. Hirshleifer
2. Danling Jiang
3. Siew Hong Teoh
4. Lin Peng
5. Samuel M. Hartzmark
6. Jie-An Yang
7. Paul Borochin
8. Kristina Rennekamp

In Finance

1. Danling Jiang
2. David A. Hirshleifer
3. Siew Hong Teoh
4. Diego García
5. Lin Peng
6. Alok Kumar
7. Nicholas Barberis
8. Blake LeBaron

Citations in the corpus

• Short-Sale Constraints, Differences of Opinion, and Overvaluation (2006, unknown): “20The difference between the BHAR and calendar time methodologies is illustrated in Boehme and Sorescu (2002), where BHAR t-statistics are shown to be about twice the magnitude of the corresponding calendar time t-statistics.”
• A Financing-Based Misvaluation Factor and the Cross Section of Expected Returns (2010, background): “…the pricing errors of portfolios based on other corporate events that are known to produce abnormal long-run performances, such as mergers & acquisition (Loughran and Vijh 1997), dividend initiation and resumption (Michaely, Thaler, and Womack 1995), and dividend omission (Boehme and Sorescu 2002).”