the following days. This dividend pay date effect has strengthened since the 1970s, and is consistent with the temporary … price pressure hypothesis. The pay date effect is concentrated among stocks with dividend reinvestment plans (DRIPs), and is … larger for stocks with a higher dividend yield, greater DRIP participation, and greater limits to arbitrage. Over time …

This paper aimed to examine the effect of dividend on firm value, as well as the impact of audit quality on the … relationship between dividend and firm value in Malaysian firms, which was measured via financial statements audited by four large … mitigating information asymmetry that surrounds within dividend and firm value relationship. To the author’s knowledge, this …