Question
Case 1, On April 1, 2011, Korea motor's stock price surged in the KOSDAQ market.The stock rose 4.71% (470 KRW) from the previous day to
Case 1, On April 1, 2011, Korea motor's stock price surged in the KOSDAQ market.The stock rose 4.71% (470 KRW) from the previous day to 10,450 KRW.
On the same day, Korea motor announced that it has decided to issue a bonus stock of 0.5 shares per share.
Case 2, Yokon corporation has been offering a bonus issues almost every year since its listing in 1962 except during the Asian Financial Crisis.
What is the effect of bonus issue on a firm value and its stock price? Why?
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Financial Ratio Analysis
Authors: Andrew P.C.
1st Edition
1973493381, 978-1973493389
