McCluskey, T.; Burton, B. M.; Power, D. M.; Sinclair, C. D. - In: Applied Financial Economics 16 (2006) 8, pp. 617-628
This study investigates the manner in which the Irish stock market responds to company announcements about dividend payments. In particular, the paper examines whether the predictions of the 'signalling' hypothesis hold or if more recent findings (which suggest that there is little...