Assistant Professor of Finance, University of Pennsylvania. The project was financed by a grant from the Rodney L. White Center for Financial Research at the University of Pennsylvania. I am grateful to Marshall Blume, James Walter, and Randolph Westerfield for valuable aid in the preparation of this paper.
DIVIDEND ANNOUNCEMENTS, SECURITY PERFORMANCE, AND CAPITAL MARKET EFFICIENCY
Version of Record online: 30 APR 2012
© 1972 the American Finance Association
The Journal of Finance
Volume 27, Issue 5, pages 993–1007, December 1972
How to Cite
Pettit, R. R. (1972), DIVIDEND ANNOUNCEMENTS, SECURITY PERFORMANCE, AND CAPITAL MARKET EFFICIENCY. The Journal of Finance, 27: 993–1007. doi: 10.1111/j.1540-6261.1972.tb03018.x
- Issue online: 30 APR 2012
- Version of Record online: 30 APR 2012
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