ODD‐LOT COSTS, TAXES AND THE EX‐DATE PRICE EFFECTS OF STOCK DIVIDENDS: EVIDENCE FROM THE TORONTO STOCK EXCHANGE

Abstract

Journal of Business Finance & AccountingVolume 23, Issue 7 p. 989-1003 ODD-LOT COSTS, TAXES AND THE EX-DATE PRICE EFFECTS OF STOCK DIVIDENDS: EVIDENCE FROM THE TORONTO STOCK EXCHANGE George Athanassakos, George AthanassakosSearch for more papers by this authorBrian F. Smith, Corresponding Author Brian F. Smith The authors are respectively, Associate Professor of Finance at Wilfrid Laurier University; and Associate Professor of Finance, and Director, The Mutual Group Financial Services Research Centre, Wilfrid Laurier University. Earlier versions of the paper were presented at the Eastern Finance Association and Financial Management Association Meetings. The authors gratefully acknowledge the financial support of Wilfrid Laurier University and the Society of Management Accountants of Ontario.Associate Professor of Finance, School of Business and Economics, Wilfrid Laurier University, Waterloo, Ontario, Canada N2L 3C5.Search for more papers by this author George Athanassakos, George AthanassakosSearch for more papers by this authorBrian F. Smith, Corresponding Author Brian F. Smith The authors are respectively, Associate Professor of Finance at Wilfrid Laurier University; and Associate Professor of Finance, and Director, The Mutual Group Financial Services Research Centre, Wilfrid Laurier University. Earlier versions of the paper were presented at the Eastern Finance Association and Financial Management Association Meetings. The authors gratefully acknowledge the financial support of Wilfrid Laurier University and the Society of Management Accountants of Ontario.Associate Professor of Finance, School of Business and Economics, Wilfrid Laurier University, Waterloo, Ontario, Canada N2L 3C5.Search for more papers by this author First published: October 1996 https://doi.org/10.1111/j.1468-5957.1996.tb01036.xCitations: 5 AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinkedInRedditWechat Citing Literature Volume23, Issue7October 1996Pages 989-1003 RelatedInformation