Tick Size, Share Prices, and Stock Splits

The magical number seven, plus or minus two: Some limits on our capacity for processing information.

1994 • 16,641 citations

The magical number seven, plus or minus two: Some limits on our capacity for processing information.

1956 • 16,233 citations

A Simple Model of Capital Market Equilibrium with Incomplete Information

1987 • 5,293 citations

Asset pricing and the bid-ask spread

1986 • 5,250 citations

The Adjustment of Stock Prices to New Information

1969 • 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

Liquidity and Market Structure

1988 • 1,528 citations

How Big Is a Chunk?

1974 • 916 citations

Why do NASDAQ Market Makers Avoid Odd‐Eighth Quotes?

1994 • 792 citations

Trading Mechanisms and Stock Returns: An Empirical Investigation

1987 • 780 citations

Minimum Price Variations, Discrete Bid–Ask Spreads, and Quotation Sizes

1994 • 659 citations

The valuation effects of stock splits and stock dividends

1984 • 605 citations

Stock Price Clustering and Discreteness

1991 • 585 citations

Stock Prices and the Supply of Information

1991 • 584 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

Stock splits, stock prices, and transaction costs

1988 • 309 citations

Liquidity Changes Following Stock Splits

1979 • 304 citations

Optimal Dynamic Order Submission Strategies in Some Stylized Trading Problems

1998 • 299 citations

Volatility increases subsequent to stock splits: An empirical aberration

1985 • 267 citations

S&P 500 Cash Stock Price Volatilities

1989 • 255 citations

Aftermarket support and underpricing of initial public offerings

1994 • 232 citations

Management's View of Stock Splits

1980 • 229 citations

Divide and Conquer: A Theory of Intraday and Day-of-the-Week Mean Effects

1989 • 211 citations

Earnings and Stock Splits

2011 • 209 citations

Liquidity , Trading Rules and Electronic Trading Systems .

1990 • 208 citations

The Effects of Stock Splits on Bid‐Ask Spreads

1990 • 203 citations

Stock splits: Signaling or liquidity? The case of ADR ‘solo-splits’

1996 • 192 citations

Tick Size, Spread, and Volume

1996 • 176 citations

The Effects of Splitting on the Ex: A Microstructure Reconciliation

1992 • 155 citations

Marketmaker Behavior in an Auction Market: An Analysis of Scalpers in Futures Markets

1984 • 119 citations

The Financial Policy of Corporations

1954 • 112 citations

Volatility increases Subsequent to NYSE and AMEX Stock Splits

1991 • 102 citations

Beta Changes around Stock Splits: A Note

1988 • 98 citations

Split information, stock returns and market efficiency-I

1978 • 89 citations

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

1987 • 88 citations

Scalper behavior in futures markets: An empirical examination

1993 • 84 citations

Stock Splits, Volatility Increases, and Implied Volatilities

1989 • 83 citations

The Effects of Reverse Splits on the Liquidity of the Stock

1995 • 81 citations

Reverse Splits and Shareholder Wealth

1983 • 80 citations

The Financial Policy of Corporations

1935 • 65 citations

A FURTHER UNDERSTANDING OF STOCK DISTRIBUTIONS: THE CASE OF REVERSE STOCK SPLITS

1992 • 64 citations

Global equity markets : technological, competitive, and regulatory challenges

1994 • 53 citations

Beta Changes around Stock Splits Revisited

1992 • 33 citations

Why Companies Issue Stock Splits

1992 • 32 citations

Valuation effects of Canadian stock split announcements

1991 • 16 citations

Decimal Stock Pricing: Dragging the Securities Industry into the Twenty-First Century

1993 • 13 citations

Deleted Work

1955 • 0 citations