Hughes, Jannine Poletti - In: International Journal of Managerial Finance 4 (2008) January, pp. 76-91
, but its impact is lower than for R&D expenditure. Both special dividends and ordinary dividends are found to be positively … associated with corporate value, supporting the signalling hypothesis which presupposes that managers might use dividends as a … corporate finance, not only with respect to the effect of special dividends and R&D stock on corporate value, as opposed to R …