Signaling or Wealth Transfer: Evidence from the Response of Corporate Bonds to Payout Changes
Author:
Publisher
Elsevier BV
Reference21 articles.
1. Quarterly dividend and earnings announcements and stockholders' returns: An empirical analysis;Joseph Aharony;Journal of Finance,1980
2. Efficient signaling with dividends and investments;R Ambarish;Journal of Finance,1987
3. The Declining Information Content of Dividend Announcements and the Effects of Institutional Investors
4. Dividend clienteles and the information content of dividend changes;Mukesh Bajaj;Journal of Financial Economics,1990
5. Trading behavior and the unbiasedness of the market reaction to dividend announcements;Mukesh Bajaj;Journal of Finance,1995
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