id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ajfa-4328	Joshipura, Mayank Harshvadan; Unnisa, Nusrathunnisa	Market Reaction to Bonus Announcement in Post Global Financial Crisis Era: Evidence from India	2013	12	.pdf	application/pdf	4831	218	53	While MCAR remains statistically significant for the remaining length of announcement window post announcement day (AD+1 to AD+10), it fizzles out at a steady pace with MCAR of 1.41% on AD+10 and only 44 out of 74 firms with positive MCAR value compared to 2.18% MCAR with 55 firms with positive MCAR value on AD+1. However, several studies, both in developed and developing markets, report significant positive abnormal returns on and surrounding announcement and effective days.	cache/ajfa-4328.pdf	txt/ajfa-4328.txt