The effect of dividend changes on stock and bond prices

US Dhillon, H Johnson - The Journal of finance, 1994 - Wiley Online Library
This study examines stock and bond price reactions to dividend changes. The positive stock
market response to dividend increases has several potential explanations, two of the more …

Resolution of financial distress: Debt restructurings via Chapter 11, prepackaged bankruptcies, and workouts

S Chatterjee, US Dhillon, GG Ramirez - Financial Management, 1996 - JSTOR
This paper examines empirically a comprehensive sample of firms undertaking Chapter 11
reorganizations, prepackaged bankruptcies, and workouts. We provide evidence that the …

Choosing between fixed and adjustable rate mortgages: Note

US Dhillon, JD Shilling, CF Sirmans - Journal of Money, Credit and Banking, 1987 - JSTOR
UPINDER S. DHILLON is instructor, JAMES D. SHILLING is associate professor, and CF
SIRMANS is professor offinance, College of Business Administration, Louisiana State University…

Bond and stock market response to unexpected earnings announcements

S Datta, US Dhillon - Journal of Financial and Quantitative Analysis, 1993 - cambridge.org
This study examines whether earnings changes convey information in bond markets and
finds a significant positive (negative) reaction to unexpected earnings increases (decreases). …

Coercive tender and exchange offers in distressed high-yield debt restructurings An empirical analysis

S Chatterjee, US Dhillon, GG Ramirez - Journal of Financial Economics, 1995 - Elsevier
This paper examines a recent sample of public workouts for distressed high-yield debt. The
nature of holdouts and the effectiveness of coercive tactics in alleviating the holdout problem …

Debtor-in-possession financing

S Chatterjee, US Dhillon, GG Ramırez - Journal of Banking & Finance, 2004 - Elsevier
Several recent papers have documented the benefits of debtor-in-possession (DIP) financing
in the restructuring of firms in Chapter 11. However, the view on benefits is not unanimous …

A November effect? Revisiting the tax-loss-selling hypothesis

HS Bhabra, US Dhillon, GG Ramirez - Financial Management, 1999 - JSTOR
We document the existence of another seasonality in stock returns: a November effect. The
uniqueness of this study is that the November effect is observed only after the passage of the …

Employee stock ownership and corporate control: An empirical study

US Dhillon, GG Ramirez - Journal of banking & finance, 1994 - Elsevier
This study reexamines the wealth and corporate control effects of employee stock ownership
plans (ESOPs) and finds that, the adoption of an ESOP is in general associated with …

Volatility, information, and double versus walrasian auction pricing in US and Japanese futures markets

US Dhillon, DJ Lasser, T Watanabe - Journal of Banking & Finance, 1997 - Elsevier
This study empirically examines volatility in US and Japanese commodity futures markets.
The US futures market, COMEX, is double auction with continuous trading, whereas the …

Determinants of valuation effects for security offerings of commercial bank holding companies

JW Wansley, US Dhillon - Journal of Financial Research, 1989 - Wiley Online Library
In this study, the impact of security issuance by bank holding companies is examined in light
of two hypotheses: the regulation or asymmetry reduction hypothesis and the bank capital …