Based on a theoretically correct model we examine the value the market assigns to different components of the cash flow to equity including potential" dividends. We study publicly traded firms from five Latin American countries: Argentina, Brazil, Chile, Mexico and Peru during the period...

Based on a theoretically correct model we examine the value the market assigns to different components of the cash flow to equity including “potential” dividends. We study publicly traded firms from five Latin American countries: Argentina, Brazil, Chile, Mexico and Peru during the period...