portfolios to investors. We extend the signaling model for single sales of risky assets to portfolio sales. We identify … conditions under which signaling at the portfolio level dominates signaling at the single asset level. In particular, when banks …

that, in addition to signaling future earnings information, Form 4 purchase filings help investors learn about the …

Signaling models contributed to the corporate finance literature by formalizing "the informational content of dividends … this prediction does not invalidate the signaling approach. The models developed up to now assume or derive utility … functions with the single-crossing property. We show that, in the absence of this property, signaling is possible, and changes …

signaling hypothesis, Chinese IPO firms exhibit increased operating/stock performance subsequent to bonus issues. Interestingly …