Browsing by Subject "Risk"
Now showing items 1-2 of 2
-
Information Content of Dividend Resumptions
(Washburn University. School of Business, 2005-07-1)We investigate the empirical characteristics of firms resuming cash dividends to determine if dividend resumption is most like dividend initiation, a large dividend increase, or a completely unique event. Firms that resume ... -
Why Firms Begin Paying Dividends: Value, Growth and Life Cycle Effects
(Washburn University. School of Business, 2006-08-1)We investigate the signaling, agency and risk explanations for dividends within the context of the life cycle hypothesis, which proposes dividend initiation conveys information about firms' transition to a slower growth, ...