Expected share price and its relation to the market price

The present paper starts with a review of the basic aspects of the Argentine stock market. In a second part we analyze the possible effect on stock prices of retained earnings. Two expected share prices were defined. One obtained from the stock market price the day before the dividend payment, subs...

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Detalles Bibliográficos
Autor principal: Verstraete, Juan M.
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 1982
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Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/164706
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Sumario:The present paper starts with a review of the basic aspects of the Argentine stock market. In a second part we analyze the possible effect on stock prices of retained earnings. Two expected share prices were defined. One obtained from the stock market price the day before the dividend payment, subscription, etc. became effective. This price is adjusted by changes in the amount of stock issued and by the dividend payment in cash.