Confirming Dividend Changes and the Non-Monotonic Investor Revision of Earnings Persistence: 3 (Quantitatives Controlling)

Confirming Dividend Changes and the Non-Monotonic Investor Revision of Earnings Persistence: 3 (Quantitatives Controlling)

by Christian Müller (Author), Christian Müller (Author)

Synopsis

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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More Information

Format: Paperback
Pages: 164
Edition: 2014
Publisher: Springer Gabler
Published: 27 Dec 2013

ISBN 10: 3658044721
ISBN 13: 9783658044725