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Introduction of dual-class shares: Further evidence on Canadian pro-rata distributions

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  • Kryzanowski, Lawrence
  • Zhang, Hao

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  • Kryzanowski, Lawrence & Zhang, Hao, 1995. "Introduction of dual-class shares: Further evidence on Canadian pro-rata distributions," International Review of Financial Analysis, Elsevier, vol. 4(1), pages 67-79.
    • Handle: RePEc:eee:finana:v:4:y:1995:i:1:p:67-79
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    References listed on IDEAS

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    1. Scholes, Myron & Williams, Joseph, 1977. "Estimating betas from nonsynchronous data," Journal of Financial Economics, Elsevier, vol. 5(3), pages 309-327, December.
    2. Copeland, Thomas E, 1979. "Liquidity Changes Following Stock Splits," Journal of Finance, American Finance Association, vol. 34(1), pages 115-141, March.
    3. Jarrell, Gregg A. & Poulsen, Annette B., 1988. "Dual-class recapitalizations as antitakeover mechanisms : The recent evidence," Journal of Financial Economics, Elsevier, vol. 20(1-2), pages 129-152, January.
    4. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    5. Kryzanowski, Lawrence & Zhang, Hao, 1993. "Market behaviour around Canadian stock-split ex-dates," Journal of Empirical Finance, Elsevier, vol. 1(1), pages 57-81, June.
    6. Kryzanowski, Lawrence & Zhang, Hao, 1991. "Valuation effects of Canadian stock split announcements," Economics Letters, Elsevier, vol. 36(3), pages 317-322.
    7. Leamer, Edward E, 1983. "Let's Take the Con Out of Econometrics," American Economic Review, American Economic Association, vol. 73(1), pages 31-43, March.
    8. Partch, M. Megan, 1987. "The creation of a class of limited voting common stock and shareholder wealth," Journal of Financial Economics, Elsevier, vol. 18(2), pages 313-339, June.
    9. Elizabeth Maynes, 1992. "Reallocation of Voting Rights and Shareholders' Wealth," Canadian Journal of Economics, Canadian Economics Association, vol. 25(3), pages 538-563, August.
    10. Branch, Ben & Echevarria, David P, 1991. "The Impact of Bid-Ask Prices on Market Anomalies," The Financial Review, Eastern Finance Association, vol. 26(2), pages 249-268, May.
    11. Conroy, Robert M & Harris, Robert S & Benet, Bruce A, 1990. "The Effects of Stock Splits on Bid-Ask Spreads," Journal of Finance, American Finance Association, vol. 45(4), pages 1285-1295, September.
    12. Lamoureux, Christopher G & Poon, Percy, 1987. "The Market Reaction to Stock Splits," Journal of Finance, American Finance Association, vol. 42(5), pages 1347-1370, December.
    13. Leamer, Edward E, 1985. "Sensitivity Analyses Would Help," American Economic Review, American Economic Association, vol. 75(3), pages 308-313, June.
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