The dividend puzzle: Testing the signalling hypothesis in an European context

Dividend policy continues to puzzle researchers in the discipline of finance. In this paper we test the signalling effects of the dividend payout for a set of European firms that had sustained earnings growth for a minimum period of five years with a decline in the last year. To the best of our know...

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Bibliographic Details
Main Author: Lobão, Júlio (author)
Other Authors: Pacheco, Luís Miguel (author), Lajas, Tiago (author)
Format: article
Language:eng
Published: 2020
Subjects:
Online Access:http://hdl.handle.net/11328/3035
Country:Portugal
Oai:oai:repositorio.uportu.pt:11328/3035