Event Studies of Dividend Omissions Indicate That

question 21

Multiple Choice

Event studies of dividend omissions indicate that:

• A)this type of announcement generally has no effect on abnormal returns.
• B)the cumulative abnormal return remains constant when this type of announcement is made.
• C)stock returns are positively,and efficiently,impacted when dividend omission announcements are made.
• D)this type of an event is incorporated into stock prices slowly over a 10-day period.
• E)the cumulative abnormal return declines on the day prior to and the day of the announcement.

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Definitions:

Socialization

The process by which individuals learn and adopt the norms, values, and behaviors necessary for functioning within a society.

Workflow

A set of tasks, procedural steps, organizations or people involved, required input and output information, and tools needed for each step in a business process.

Collaboration

The action of working with someone to produce or create something, often seen in work environments and creative projects.

Telecommuting

A work arrangement in which employees do not commute to a central place of work, instead working remotely, often from home, using the internet.