Market reaction to bonus issue announcements : an empirical study of the Singapore stock market.
Chua, Doreen Yan Geok.
Sham, Keat Min.
Date of Issue1994
College of Business (Nanyang Business School)
Extensive research on market reactions to bonus announcements has been made in U.S., Australia and other countries. Locally, research interest in bonus announcements has increased considerably following the lobbying actions by minority shareholders of Singapore Airlines Ltd on the bonus vote in July 1992.
NANYANG TECHNOLOGICAL UNIVERSITY