Signalling with dividends? new evidence from Europe
According to the dividend signalling hypothesis, dividend change announcements trigger share returns because they convey information about management’s assessment on firms’ future prospects. We analyse the classical assumptions of the dividend signalling hypothesis, using data from three European co...
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| Format: | preprint |
| Language: | eng |
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2012
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| Online Access: | http://hdl.handle.net/10773/6598 |
| Country: | Portugal |
| Oai: | oai:ria.ua.pt:10773/6598 |