Test statistics with event-induced variance: evidence from stock dividend

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Test statistics with event-induced variance: evidence from stock dividend

Even though many researchers have found the problem of event-induced variance in event studies, they are tended to neglect these hazards by using conventional event-study methods, such as the Patell test. This test tends to reject the null hypothesis of zero average abnormal returns too often when i...

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Bibliographic Details
Main Authors:	Ng, Chee Pung, Choo, Wei Chong, Amin Noordin, Bany Ariffin, Md Nassir, Annuar
Format:	Article
Language:	English
Published:	Universiti Putra Malaysia Press 2019
Online Access:	http://psasir.upm.edu.my/id/eprint/76451/ http://psasir.upm.edu.my/id/eprint/76451/1/42%20JSSH-1988-2016.pdf

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