Do Investors Reinvest Dividends and Tender Offer Proceeds? by Elias Rantapuska

SSRN-Do Investors Reinvest Dividends and Tender Offer Proceeds? by Elias RantapuskaShort answer: Not really.Rantapuska asks two interesting questions: Are dividends and the proceeds from tender offers really reinvested? Are the proceeds from cash flows from tender offers treated differently than those from dividends. Using data from Finland, the author finds that a relatively small