skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

Long-term shareholder perks and stock price reaction

PloS one, 2024-04, Vol.19 (4), p.e0300284-e0300284 [Peer Reviewed Journal]

Copyright: © 2024 Gao, Nose. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. ;COPYRIGHT 2024 Public Library of Science ;2024 Gao, Nose 2024 Gao, Nose ;ISSN: 1932-6203 ;EISSN: 1932-6203 ;DOI: 10.1371/journal.pone.0300284 ;PMID: 38635789

Full text available

Citations Cited by
  • Title:
    Long-term shareholder perks and stock price reaction
  • Author: Gao, Yao ; Nose, Yoshiaki
  • Subjects: Analysis ; Biology and Life Sciences ; Compensation and benefits ; Income ; Investments ; Liquidity (Finance) ; Medicine and Health Sciences ; Physical Sciences ; Prices and rates ; Research and Analysis Methods ; Social Sciences ; Stockholders ; Stocks
  • Is Part Of: PloS one, 2024-04, Vol.19 (4), p.e0300284-e0300284
  • Description: This study aimed to examine the impact and source of announcements introducing additional long-term shareholder perks on stock prices of Japanese listed companies. We produced more precise analysis results by categorizing the total sample into favorable change and unfavorable change sample. As a result, we found that long-term shareholder perks have a positive impact on stock prices through the expansion of the shareholder base in the case of a favorable change, whereas there is no negative impact on stock liquidity due to an increased number of long term individual shareholders. On the contrary, in the case of an unfavorable change, we found a weak trend of shrinkage in the shareholder base due to individual shareholders' defection and a consequent decrease in stock liquidity. In the case of a favorable change, the long-term shareholder perks program functions as a means to increase the number of shareholders and encourage them to hold the shares for a longer period of time.
  • Publisher: United States: Public Library of Science
  • Language: English
  • Identifier: ISSN: 1932-6203
    EISSN: 1932-6203
    DOI: 10.1371/journal.pone.0300284
    PMID: 38635789
  • Source: Geneva Foundation Free Medical Journals at publisher websites
    PLoS
    MEDLINE
    ProQuest Databases
    PubMed Central
    DOAJ Directory of Open Access Journals
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait