Signalling Power of Dividend on Firms' Future Profits: A Literature Review
EvergreenEnergy - International Interdisciplinary Journal, 2009
9 Pages Posted: 18 Mar 2009
Date Written: March 15, 2009
Abstract
Since decades, many researchers have argued that the dividend policy decisions of firms are very important mainly due to the signaling effect they have on the firm's future performance. The paper presents empirical findings on the signaling effect of dividends while taking into account the different theories on dividend policy.
Keywords: Dividend, Dividend Policy, Dividend and Taxation, Signalling Mechanism, Agency Theory
Suggested Citation: Suggested Citation
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