Three Essays on the Effects of Equity Option Introduction
Description:
This dissertation is structured as three essays on various aspects of equity option introduction. Topics addressed include the relative predictability of introduction, the relationship between predictability of introduction and the price effect associated with introduction, and a comparison of the price response of optioned versus nonoptioned stocks to changes in dividends. Essay 1 involves use of firm-specific variables in a LOGIT model to allow assignment of a probability of equity option int…
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Date:
August 1996
Creator:
Ragle, William F.
Partner:
UNT Libraries