Essays about: "signaling effect of dividends"

Found 5 essays containing the words signaling effect of dividends.

  1. 1. Patterns and Determinants of Payout Policy in the 21-st Century : A study of the Nordic Countries.

    University essay from Umeå universitet/Företagsekonomi

    Author : Tatiana Silva da Costa; Abubacarr Sidy Nyassi; [2021]
    Keywords : Firms’ factors; cash dividends; share repurchases; payout ratio; Dividend Irrelevance Theory; Signaling Theory; Agency Theory; Life-cycle Theory; Substitution and Flexibility Hypotheses;

    Abstract : Payout policies is one of the most discussed topics in corporate finance. Since Miller & Modigliani (1961) dividend irrelevance theory, which was based on perfect markets, many theories have been developed in order to incorporate market imperfections to payout decisions. READ MORE

  3. 2. Does Corporate Liquidity Affect Dividend Policy? : A Quantitative Study on Public European Firms

    University essay from Umeå universitet/Företagsekonomi

    Author : Jakob Johansson; Hallberg Martin; [2021]
    Keywords : Corporate Liquidity; Dividend Policy; Agency Theory; Shareholder Theory; Signaling Theory; Stakeholder Theory; Liquidity Preference Theory; Panel Data.;

    Abstract : This thesis examines the relationship between corporate liquidity and dividend policy. The corporate liquidity is measured by proven liquidity ratios and the dividend policy is divided into cash dividends and share repurchases. READ MORE

  4. 3. Share price reaction to dividend announcement; An event study on the Signaling Model from the Stockholm Stock Exchange

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : William Celsing; [2017]
    Keywords : Event study; Dividend announcement; Signaling theory; Efficient Market Hypothesis; Business and Economics;

    Abstract : This study examines the dividend announcement effect on the common stock price by a signaling hypothesis approach on the Stockholm Stock Exchange. The event study shows a positive significant cumulative average abnormal return (CAAR) of 1,54 % for positive dividend announcement in the analyst model. READ MORE

  5. 4. Determinants of Share Price Movements in Bangladesh : Dividends and Retained Earnings

    University essay from Blekinge Tekniska Högskola/Sektionen för management

    Author : Shohrab Hussain Khan; [2009]
    Keywords : Signaling effect of dividends; Information asymmetry; Dividend clientele effect; Price earnings ratio; Lagged price. ;

    Abstract : Background and Problem Discussion: Financial scholars have been conducting studies of dividend policy for several decades; but different researchers have come to different conclusions. Financial economists have come to different conclusion about factors determining dividend policy and effect of dividend policies on common stock price. READ MORE

  6. 5. In Search of Lost Dividends: An Empirical Study on Swedish Listed Firms' Propensity to Pay 1966-2001

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jens Andersson; Fredrik Wansheim; [2007]
    Keywords : Dividends; Sweden; Propensity to pay;

    Abstract : As for NYSE-listed firms, the fraction of Swedish-listed firms that pay dividends has declined over the last decades. Applying a unique and extensive database, this thesis uses the Fama and French (2001) framework to describe and explain the decline in payer percentage among Swedish-listed firms. READ MORE