Bonus announcement is often seen as a profitable strategy for intra-day trading;to know how useful it can be for position(long-term)investors this study is conducted.30 companies were chosen randomly and a two-tail t-...Bonus announcement is often seen as a profitable strategy for intra-day trading;to know how useful it can be for position(long-term)investors this study is conducted.30 companies were chosen randomly and a two-tail t-test is conducted.Considering the p-value of each company at 5%level of significance we found out the number of companies which have given positive numbers for position investors.A generalization method has also been used to see the overall applicability of the study.Reflecting individual companies fewer number showed positive results after a period of 30 days but using the generalization technique the study proved to be significant.There are certain limitations to the study as well including non-consideration of any other event which might have taken place,bearing in mind only NSE and BSE and also it includes companies which have made an announcement in the past three years.展开更多
文摘Bonus announcement is often seen as a profitable strategy for intra-day trading;to know how useful it can be for position(long-term)investors this study is conducted.30 companies were chosen randomly and a two-tail t-test is conducted.Considering the p-value of each company at 5%level of significance we found out the number of companies which have given positive numbers for position investors.A generalization method has also been used to see the overall applicability of the study.Reflecting individual companies fewer number showed positive results after a period of 30 days but using the generalization technique the study proved to be significant.There are certain limitations to the study as well including non-consideration of any other event which might have taken place,bearing in mind only NSE and BSE and also it includes companies which have made an announcement in the past three years.
