Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10010596774
We examine the relation between dividends and information asymmetry by using insider returns as a proxy for information asymmetry. We find that dividends are negatively related to returns to insider trades across firms. Firms that pay consistently high dividends have lower insider returns than...
Persistent link: https://www.econbiz.de/10008676247
Persistent link: https://www.econbiz.de/10010569957
We examine the relation between dividends and information asymmetry by using insider returns as a proxy for information asymmetry. We find that dividends are negatively related to returns to insider trades across firms. Firms that pay consistently high dividends have lower insider returns than...
Persistent link: https://www.econbiz.de/10005704374