Do stock splits improve liquidity? Evidence from Vienna Stock Exchange
Do stock splits improve liquidity? Evidence from Vienna Stock Exchange
Author(s): Józef RudnickiSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: stock split; liquidity; volume
Summary/Abstract: The article deals with a puzzle phenomenon which are stock splits. The author examines the subsequent volume of the companies listed on the Vienna Stock Exchange after they concluded stock splits. The research aims to test the hypothesis that the liquidity of stocks that split the shares improves afterwards.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2011
- Issue No: 158
- Page Range: 1050-1059
- Page Count: 10
- Language: English
