Dereeper, Sébastien; Turki, Aymen - In: Managerial Finance 42 (2016) 11, pp. 1073-1090
Purpose The purpose of this paper is to address whether the past dividend policy of target firm impacts dividend policies following US mergers and acquisitions (M&A). Design/methodology/approach The authors use the catering theory as a theoretical approach to test dividend change after a...