This paper finds that dividend signaling hypothesis is able to explain the phenomenon of assets concentration in short … and medium investments in Islamic Interest-Free banking (IIFBs). In this paper a dividend signaling model framework has … been introduced, where in the process of maintaining a stable dividend, mangers of Islamic Interest-Free banking (IIFBs …

Theory suggests that, under certain assumptions, corporate distributions should reduce market value on a one …-to-one basis. This result is sometimes known as dividend displacement. Nonetheless, dividend displacement tends to be rejected by … models is the cause of the rejection of dividend displacement for regular or total dividends. Our results suggest that this …

I study a novel data set of short-term dividend futures contracts for individual stocks. I combine this data with … dividend forecasts from equity research analysts to construct a model-free measure of short-term equity risk premia. I provide … the first description of the cross-section of risk premia on short-maturity dividend claims. My data on risk premia for …

The study is aimed at exploring the relationship between dividend payout and capital structure, and to explore the … determinants of dividend policy and capital structure of manufacturing sector of Pakistan. Penal data ranging from 2006 to 2011 of … selected 100 manufacturing firms of Pakistan is used in this study. Dividend policy and capital structure have their own …

We scrutinize the impact of dividend policy on stock price volatility by considering the seminal paper of Baskin (1989 …). In this context, we examine the relationship between volatility and three dividend policy indicators, dividend yield …, dividend payout, and stock repurchases, for 1,221 firms in eleven developed and emerging countries in Europe during the 2003 …

This paper reconsiders the issue of share price reactions to dividend announcements. Previous papers rely almost … exclusively on a naive dividend model in which the dividend change is used as a proxy for the dividend surprise. We use the … difference between the actual dividend and the analyst consensus forecast as obtained from I/B/E/S as a proxy for the dividend …

. -- Dividend Announcements ; Market Efficiency ; Ownership Structure ; Agency Theory …This paper reconsiders the issue of share price reactions to dividend announcements. Previous papers rely almost … exclusively on a naive dividend model in which the dividend change is used as a proxy for the dividend surprise. We use the …

This paper reconsiders the issue of share price reactions to dividend announcements. Previous papers rely almost … exclusively on a naive dividend model in which the dividend change is used as a proxy for the dividend surprise. We use the … difference between the actual dividend and the analyst consensus forecast as obtained from I/B/E/S as a proxy for the dividend …

This paper reconsiders the issue of share price reactions to dividend announcements. Previous papers rely almost … exclusively on a naive dividend model in which the dividend change is used as a proxy for the dividend surprise. We use the … difference between the actual dividend and the analyst consensus forecast as obtained from I/B/E/S as a proxy for the dividend …

-prepared dividend cutters and test the implications of two alternative theories: the “signaling through market preparation” theory and …-prepared dividend cutters. Overall, our empirical results are consistent with the signaling theory … information (“prepare the market”) in advance of a possible dividend cut, and the consequences of such market preparation. We use …