Onali, Enrico (2016). Can we predict dividend cuts? Economics Letters, 146 , pp. 71-76.
Abstract
I examine the predictability of dividend cuts based on the time interval between dividend announcement dates using a large dataset of US firms from 1971 to 2014. The longer the time interval between dividend announcements, the larger the probability of a cut in the dividend per share, consistent with the view that firms delay the release of bad news.
| Publication DOI: | https://doi.org/10.1016/j.econlet.2016.07.026 |
|---|---|
| Divisions: | College of Business and Social Sciences > Aston Business School |
| Additional Information: | © 2016, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/ |
| Uncontrolled Keywords: | dividend policy,dividend dates,signalling theory,asymmetric information,US capital market,Economics and Econometrics,Finance |
| Publication ISSN: | 1873-7374 |
| Last Modified: | 20 Nov 2024 08:07 |
| Date Deposited: | 08 Aug 2016 13:05 |
| Full Text Link: | |
| Related URLs: |
http://www.scop ... tnerID=8YFLogxK
(Scopus URL) |
PURE Output Type: | Article |
| Published Date: | 2016-09 |
| Published Online Date: | 2016-07-22 |
| Accepted Date: | 2016-07-15 |
| Submitted Date: | 2016-05-03 |
| Authors: |
Onali, Enrico
(
0000-0003-3723-2078)
|
Download
Version: Accepted Version
License: Creative Commons Attribution Non-commercial No Derivatives
| Preview
CORE (COnnecting REpositories)
CORE (COnnecting REpositories)