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The ex-dividend day effect on the Stockholm stock exchange


Please use this identifier to cite or link to this item: http://hdl.handle.net/2077/29997

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Title: The ex-dividend day effect on the Stockholm stock exchange
Authors: Sundberg, Henric
Halvorsen, Martin
Issue Date: 25-Jul-2012
Degree: Master 2-years
Series/Report no.: Master Degree Project
2012:96
Abstract: Our thesis documents the ex-dividend day effect on the Stockholm stock exchange for the period 2000 to 2011. In a perfect capital market, when a share goes ex-dividend, the price of the share should fall by the amount of the dividend, ceteris paribus. Using event study methodology we estimate the abnormal return on the ex-dividend day. The estimated abnormal returns are compared with the dividend yield of the included companies. We find no strong statistical or economical evidence that su... more
Description: MSc in Finance
URI: http://hdl.handle.net/2077/29997
Appears in Collections:Master theses

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