larger dividends and more often than industrial firms. Investors often look at the dividends as being important return …

Purpose – The value-premium is the empirical observation that “value” stocks (low market/book) have higher returns than … authors interpret dividends as a corporate response to growth-limits, they test for this predicted differential relation … between profitability and risk for value versus growth stocks with the returns of profitable dividend-paying firms. Findings …

according to whether or not they have changed their dividends and earnings. Prior research has been conducted using US data and … dividends and earnings. Design/methodology/approach - The aims of the paper are addressed using a stock market-based study of … announcements, share returns tend to be positive (negative) where companies have increased (decreased) the dividend and earnings …

according to whether or not they have changed their dividends and earnings. Prior research has been conducted using US data and … dividends and earnings. Design/methodology/approach – The aims of the paper are addressed using a stock market‐based study of … announcements, share returns tend to be positive (negative) where companies have increased (decreased) the dividend and earnings …

Purpose – The value‐premium is the empirical observation that “value” stocks (low market/book) have higher returns than … authors interpret dividends as a corporate response to growth‐limits, they test for this predicted differential relation … between profitability and risk for value versus growth stocks with the returns of profitable dividend‐paying firms. Findings …

Purpose -The purpose of this paper is to examine the effects of financial flexibility as represented by excess cash … holdings and debt capacity upon firm returns after periods of high market uncertainty. Design/methodology/approach -Days of … approximately 45,000 firm events. The main variables of interest are excess cash (Duchin et al., 2010) and debt capacity. Two …