AN EMPIRICAL EXAMINATION OF TH E DIVIDEND INFORMATION A Signaling Approach
This study examines whether the changes in the financial statements and dividends can together provide a better information transmittal system to deliver missing private information on the firm using Indonesian firms as the sample. In doing so, this study consider three components in evaluating the...
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| Format: | Article |
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[Yogyakarta] : Universitas Gadjah Mada
2002
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| _version_ | 1797019279875375104 |
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| author | Perpustakaan UGM, i-lib |
| author_facet | Perpustakaan UGM, i-lib |
| author_sort | Perpustakaan UGM, i-lib |
| collection | UGM |
| description | This study examines whether the changes in the financial statements and dividends can together provide a better information transmittal system to deliver missing private information on the firm using Indonesian firms as the sample. In doing so, this study consider three components in evaluating the dividend signaling theory: the expected content favorableness, the sign of dividend change, and the role of dividend signal. The finding shows that in Indonesia, the market reactions to the dividend announcements depend on the role of dividend signals, whether it is confirmatory, clarificatory, or unclear. The other finding shows that this market is more concern to the content expected favorableness rather than to the dividend sign.
Keywords: dividend |
| first_indexed | 2024-03-13T18:57:09Z |
| format | Article |
| id | oai:generic.eprints.org:25484 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T18:57:09Z |
| publishDate | 2002 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:254842014-06-18T00:31:20Z https://repository.ugm.ac.id/25484/ AN EMPIRICAL EXAMINATION OF TH E DIVIDEND INFORMATION A Signaling Approach Perpustakaan UGM, i-lib Jurnal i-lib UGM This study examines whether the changes in the financial statements and dividends can together provide a better information transmittal system to deliver missing private information on the firm using Indonesian firms as the sample. In doing so, this study consider three components in evaluating the dividend signaling theory: the expected content favorableness, the sign of dividend change, and the role of dividend signal. The finding shows that in Indonesia, the market reactions to the dividend announcements depend on the role of dividend signals, whether it is confirmatory, clarificatory, or unclear. The other finding shows that this market is more concern to the content expected favorableness rather than to the dividend sign. Keywords: dividend [Yogyakarta] : Universitas Gadjah Mada 2002 Article NonPeerReviewed Perpustakaan UGM, i-lib (2002) AN EMPIRICAL EXAMINATION OF TH E DIVIDEND INFORMATION A Signaling Approach. Jurnal i-lib UGM. http://i-lib.ugm.ac.id/jurnal/download.php?dataId=8479 |
| spellingShingle | Jurnal i-lib UGM Perpustakaan UGM, i-lib AN EMPIRICAL EXAMINATION OF TH E DIVIDEND INFORMATION A Signaling Approach |
| title | AN EMPIRICAL EXAMINATION OF TH E DIVIDEND INFORMATION A Signaling Approach |
| title_full | AN EMPIRICAL EXAMINATION OF TH E DIVIDEND INFORMATION A Signaling Approach |
| title_fullStr | AN EMPIRICAL EXAMINATION OF TH E DIVIDEND INFORMATION A Signaling Approach |
| title_full_unstemmed | AN EMPIRICAL EXAMINATION OF TH E DIVIDEND INFORMATION A Signaling Approach |
| title_short | AN EMPIRICAL EXAMINATION OF TH E DIVIDEND INFORMATION A Signaling Approach |
| title_sort | empirical examination of th e dividend information a signaling approach |
| topic | Jurnal i-lib UGM |
| work_keys_str_mv | AT perpustakaanugmilib anempiricalexaminationofthedividendinformationasignalingapproach AT perpustakaanugmilib empiricalexaminationofthedividendinformationasignalingapproach |