Showing 1 - 10 of 4,126
This paper studies the impact of exogenous export demand shocks on firms’ dividend policy using firm specific real …
Persistent link: https://www.econbiz.de/10014247733
dividend policies which affect the share price. We use dividend yield and dividend payout as proxies of dividend policy, and … regress these ratios together with other control variables. We model share price volatility as a function of dividend policy … which is proxies through dividend yield and dividend payout ratios using data for the period 2010–2019 collected from …
Persistent link: https://www.econbiz.de/10012824680
This research considers the strategies on the initial public offering of company equity at the stock exchanges in the imperfect highly volatile global capital markets with the nonlinearities. We provide the IPO definition and compare the initial listing requirements on the various markets. We...
Persistent link: https://www.econbiz.de/10013026463
should better forecast stock index returns. We propose a dividend model that predicts, out-of-sample, 31.3% of the variation … in annual dividend growth rates (1976-2015). Further, when learning about dividend dynamics is incorporated into a long …
Persistent link: https://www.econbiz.de/10013003708
Information processing filters out the noise in data but it takes time. Hence, low precision signals are available before high precision signals. We analyze how this feature affects asset price informativeness when investors can acquire signals of increasing precision over time about the payoff...
Persistent link: https://www.econbiz.de/10010499565
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 …
Persistent link: https://www.econbiz.de/10013298815
This paper examines the effects of corporate social performance and bond market reactions. We find a strong positive relationship between social performance and bond volatility after controlling for bond characteristics and firm fundamentals. The empirical results are consistent for social...
Persistent link: https://www.econbiz.de/10012828711
We examine three aspects of the relation between dividend initiation and increase announcements and idiosyncratic … volatility. First, consistent with dividend signaling, we find that firms with higher levels of idiosyncratic volatility are … reduction in idiosyncratic volatility following dividend initiations that is associated with announcement and long-term abnormal …
Persistent link: https://www.econbiz.de/10013047214
This paper examines the impacts of dividend policy and ownership structure on stock price volatility in the Vietnamese … market. The study also tests for the moderating effect of foreign/state ownership on the dividend policy–price volatility … robust results indicate that dividend yield mitigates stock price volatility in the emerging market of Vietnam. The price …
Persistent link: https://www.econbiz.de/10012849579
While it is well known that short selling predicts future negative stock price performance, it has not been established whether short selling predicts future negative operating performance. We find that firms in the top decile of increases in short interest (an increase of about four percentage...
Persistent link: https://www.econbiz.de/10013063094