Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Market Reaction to Dividend Announcements During Pandemic: An Event Study Subject The topic of the resource Abnormal Return (AR); Cumulative Abnormal Return (CAR); Dividend; Event Study; Insider Trading; Pandemic; Stock Market Description An account of the resource This study analyses the difference in stock market reactions to dividend announcement during the pandemic. The thirty constituent stocks of Sensex, the index of Bombay Stock Exchange (BSE), is used for analysis. This allows cross-industry comparison of the market reaction. The study examines stock market reactions covering 44 days around the dividend announcement dates. The primary objective of this study is to understand whether the price adjustment linked to the dividend announcement news during the pandemic was different from the earlier years. This empirical study employs the conventional event study methodology using abnormal returns (ARs) to examine the stock market reaction to dividend announcement. The market reaction to dividend announcement was increasingly positive during the pandemic, compared to previous years. The statistical pooled t-tests showed there was a significant relationship between the pandemic and ARs. The findings also indicate that the difference in the market reaction to dividend announcement was more prominent in services stocks than that in manufacturing. Further, the results also verify the weak-form of efficiency of Indian stock exchange. 2021 Management Development Institute. Creator An entity primarily responsible for making the resource Prakash N.; Yogesh L. Source A related resource from which the described resource is derived Vision Publisher An entity responsible for making the resource available Sage Publications India Pvt. Ltd Date A point or period of time associated with an event in the lifecycle of the resource 2021-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1177/09722629211066288" target="_blank" rel="noreferrer noopener">https://doi.org/10.1177/09722629211066288</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85121815119&amp;doi=10.1177%2F09722629211066288&amp;partnerID=40&amp;md5=ca728df87f8142b153282d787bb46425" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85121815119&amp;doi=10.1177%2f09722629211066288&amp;partnerID=40&amp;md5=ca728df87f8142b153282d787bb46425</a> Rights Information about rights held in and over the resource All Open Access; Green Open Access; Hybrid Gold Open Access Relation A related resource ISSN: 9722629 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Prakash N., School of Business and Management, Christ University, Karnataka, Bangalore, India; Yogesh L., School of Business and Management, Christ University, Karnataka, Bangalore, India