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Confirming Dividend Changes and the Non-Monotonic Investor Revision of Earnings Persistence

Bag om Confirming Dividend Changes and the Non-Monotonic Investor Revision of Earnings Persistence

The stylized facts that firms pay and investors react to dividends disregard dividend neutrality. Taking on the perspective that informational asymmetries are the central determinant for dividend value relevance, Christian Muller assumes that firm's dividend decision conveys useful information to investors.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9783658044725
  • Indbinding:
  • Paperback
  • Sideantal:
  • 137
  • Udgivet:
  • 27. december 2013
  • Størrelse:
  • 210x148x10 mm.
  • Vægt:
  • 2205 g.
  • 8-11 hverdage.
  • 3. december 2024
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The stylized facts that firms pay and investors react to dividends disregard dividend neutrality. Taking on the perspective that informational asymmetries are the central determinant for dividend value relevance, Christian Muller assumes that firm's dividend decision conveys useful information to investors.

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