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 Müller assumes that firm’s dividend decision conveys useful information to in...
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| Language: | English |
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Wiesbaden :
Springer Fachmedien Wiesbaden : Imprint: Springer Gabler,
2014.
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| Edition: | 1st ed. 2014. |
| Series: | Quantitatives Controlling
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| Online Access: | https://doi.org/10.1007/978-3-658-04473-2 |