Financial Profiles, Dividends and Stock Returns
The aims of this paper are (a) to examine whether changes in dividend can be forecasted from past financial statement information and (b) to investigate whether such forecasts can be exploited to yield abnormal returns. A two-step approach is adopted. First, a logit model is developed to predict one...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Universiti Utara Malaysia Press
2015
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Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/24972/1/IJBS%2011%202014-2015%2031%2053.pdf |