Examlex
The pyramidal system can be defined as
Information Content Effect
The market reaction attributed to announcements or news, which signals new information to investors about a company’s value.
Corporate Dividend Payout
The portion of a company's earnings that is distributed to shareholders in the form of dividends.
Firm's Earnings
The net profit a company achieves in a given period, calculated as revenues minus costs and expenses before taxation.
Information Content Effect
A market phenomenon where stock prices adjust in response to the news contained in a company announcement, suggesting the news has value for investors’ decisions.