Stock Prices and the Supply of Information

Bid, ask and transaction prices in a specialist market with heterogeneously informed traders

1985 • 6,148 citations

A Simple Model of Capital Market Equilibrium with Incomplete Information

1987 • 5,293 citations

The Adjustment of Stock Prices to New Information

1969 • 3,289 citations

Signaling Games and Stable Equilibria

1987 • 3,289 citations

The Adjustment of Stock Prices to New Information

2003 • 3,268 citations

Information Effects on the Bid‐Ask Spread

1983 • 1,852 citations

Firm characteristics and analyst following

1989 • 1,593 citations

Trading Volume and Price Reactions to Public Announcements

1991 • 1,132 citations

Optimal Release of Information By Firms

1985 • 1,079 citations

Analysts' forecasts as earnings expectations

1988 • 1,063 citations

Trading Mechanisms and Stock Returns: An Empirical Investigation

1987 • 780 citations

The valuation effects of stock splits and stock dividends

1984 • 605 citations

Transaction costs and the small firm effect

1983 • 461 citations

Stock Splits and Stock Dividends: Why, Who, and When

1987 • 426 citations

The Market Reaction to Stock Splits

1987 • 367 citations

Liquidity and Asset Prices: Financial Management Implications

1988 • 361 citations

Stock Dividends, Stock Splits, and Signaling

1990 • 359 citations

Security Analyst Multi-Year Earnings Forecasts and the Capital Market

1985 • 339 citations

On interpreting security returns during the ex-dividend period

1984 • 317 citations

Stock splits, stock prices, and transaction costs

1988 • 309 citations

Liquidity Changes Following Stock Splits

1979 • 304 citations

Stock Prices and the Publication of Second-Hand Information

1978 • 292 citations

Volatility increases subsequent to stock splits: An empirical aberration

1985 • 267 citations

Earnings and Stock Splits

2011 • 209 citations

Beta Changes around Stock Splits: A Note

1988 • 98 citations

Bond Ratings: Are Two Better than One?

1988 • 89 citations

A Note on the Behavior of Stock Returns around Ex‐Dates of Stock Distributions

1987 • 88 citations

Stock Splits, Volatility Increases, and Implied Volatilities

1989 • 83 citations

An Exploration of Competitive Signalling Equilibria with “Third Party” Information Production: The Case of Debt Insurance

1982 • 79 citations

Beta Changes around Stock Splits Revisited

1992 • 33 citations

Transaction costs and the small firm effect

1983 • 30 citations

Stock splits and implied stock price volatility

1986 • 25 citations

Long–Run Trends in Equity Turnover

1990 • 24 citations

The Association of Stock Distribution Announcements and Earnings Performance

1988 • 21 citations

The investor's guide to discount brokers

1983 • 4 citations