Information content of dividend changes : cash flow signalling, dividend clientele and free cash flow hypotheses / Norhayati Mohamed … [et al.]
The study aims to identify the type of information that firms are trying to convey when they change dividend. The first step is to test the relationship between unexpected dividend changes and stock prices by employing the event study methodology. The next step is to evaluate the information content...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Accountancy & Accounting Research Institute (ARI)
2006
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/13789/1/AJ_NORHAYATI%20MOHAMED%20MAR%2006.pdf |