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Market efficiency and Exdividend period: Tax and microstructural effects for the colombian case [Eficiencia del mercado y periodo ExDividendo: Efectos impositivos y microestructurales para el caso colombiano]

dc.creatorMurillo S.spa
dc.creatorArroyave E.spa
dc.creatorMarín N.spa
dc.date.accessioned2017-12-19T19:36:49Z
dc.date.available2017-12-19T19:36:49Z
dc.date.created2017
dc.identifier.issn7981015
dc.identifier.urihttp://hdl.handle.net/11407/4337
dc.language.isospa
dc.publisherRevista Espaciosspa
dc.relation.isversionofhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85030028070&partnerID=40&md5=a8d8ada0fe38028ddfa66af9827b6702spa
dc.sourceScopusspa
dc.titleMarket efficiency and Exdividend period: Tax and microstructural effects for the colombian case [Eficiencia del mercado y periodo ExDividendo: Efectos impositivos y microestructurales para el caso colombiano]spa
dc.typeArticleeng
dc.rights.accessrightsinfo:eu-repo/semantics/restrictedAccess
dc.contributor.affiliationMurillo, S., Universidad de Medellín, Colombiaspa
dc.contributor.affiliationArroyave, E., Grupo de Investigaciones en Finanzas-GINIF, Universidad de Medellín, Colombiaspa
dc.contributor.affiliationMarín, N., Grupo de Investigaciones en Finanzas-GINIF, Universidad de Medellín, Colombiaspa
dc.subject.keywordExDividend returneng
dc.subject.keywordFinancial marketseng
dc.subject.keywordMarket efficiencyeng
dc.subject.keywordMicroestructural effectseng
dc.subject.keywordTax effectseng
dc.subject.keywordTransaction costseng
dc.publisher.facultyFacultad de Ingenieríasspa
dc.abstractFinancial efficiency theory postulates that rational investors act in a stock market using all available information at a time, in particular, asymmetries in information. This research seeks to determine if there is an improvement of Market Efficiency in Colombia's Stock Exchange due to the implementation of resolution 296/12 of the Financial Superintendence of Colombia, which decreased the ExDividend Period, by calculating and analyzing ExDividend Performance. © 2017.eng
dc.creator.affiliationUniversidad de Medellín, Colombiaspa
dc.creator.affiliationGrupo de Investigaciones en Finanzas-GINIF, Universidad de Medellín, Colombiaspa
dc.relation.ispartofesEspaciosspa
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dc.type.versioninfo:eu-repo/semantics/publishedVersion
dc.type.driverinfo:eu-repo/semantics/article
dc.identifier.reponamereponame:Repositorio Institucional Universidad de Medellínspa
dc.identifier.instnameinstname:Universidad de Medellínspa


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