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The Information Content of Dividendsred stream of payments can be replicated by appropriate purchases and sales of equity. However, if dividend policy is essentially an exercise of financial packaging, if dividends are simply a financial detail, why are announcements of dividend increases typically followed by stock price increases, s骚动 发表于 2025-3-27 08:03:03
Dividend Policy and Stock Price Volatilityd at times less than half of what its smoothly-growing ex post perfect foresight value turned out to be. Similar considerations hold for the U.K. Stock Market. Shiller (1981) and LeRoy and Porter (1981) argued that such high volatility relative to perfect foresight fundamental posed severe difficult脊椎动物 发表于 2025-3-27 13:12:02
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Large Investor Activism and Corporate Monitoringme, following an “exit” policy has become increasingly more expensive because they must accept substantial discounts in order to liquidate their significant holdings .. In this Chapter we examine how the activism of a large shareholder (e.g. an institutional investor) could become an effective way t蒙太奇 发表于 2025-3-27 18:53:41
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978-3-7908-1047-9Physica-Verlag Heidelberg 1998Orchiectomy 发表于 2025-3-28 08:56:58
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Karen M. Taminger,Christopher S. Domackthis organizational structure will be compared with those taken within the classical multidivisional firm. The above issues will be addressed from the perspective of minority (or non controlling) shareholders, that is it will be investigated how the latter are affected by the group’s organizational structure.