This research aims to test dividend signaling theory in an Indonesian capital market. Signaling theory states that … dividend policy has information content that can influence to share price. Examination of theory of signaling is related to … there even exist mentioning this as phenomenon of disappearing dividend. Examination of theory of signaling is also related …

This study investigates the relationship between dividend yields and stock returns in bull and bear markets. Evidences … from developed countries show that there should be a positive correlation between dividend yields and stock return in bear … markets and a negative correlation between dividend yields and stock return during the bull markets. Findings of this study …

This paper focuses on the impact of full capital account liberalization on macroeconomic volatility in Greece … reduce macroeconomic volatility. The link between macroeconomic volatility and capital account openness in the Greek economy …. There is no strong evidence for a stable relation between macroeconomic volatility and variables of financial openness. Thus …

contributor to asymmetric information. Based on the implications of the transaction cost theory, the agency cost and pecking order … theory, we argue that these fundamentals characteristics affect the financial policy. Our results show that R …&D-intensive firms exhibit lower leverage, a shorter debt maturity, a lower dividend payment and a higher cash level. …

The long-term return behaviour of dividend-changing firms has been investigated in the study and it is estimated that … 23 percent only incremental profits are transformed into dividend. The remaining profits are utilized for the additional … investment. It is also concluded that concentration of ownership is also an important factor of the dividend payments. The …