The phenomenon of the adverse market reaction to dividend change announcements: new Eeidence from Europe
The dividend policy is one of the most debated topics in the finance literature. According to the dividend signalling hypothesis, which has motivated a significant amount of theoretical and empirical research, dividend change announcements trigger share returns because they convey information about...
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Format: | preprint |
Language: | eng |
Published: |
2012
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Online Access: | http://hdl.handle.net/10773/6651 |
Country: | Portugal |
Oai: | oai:ria.ua.pt:10773/6651 |