Dividend omissions and intraindustry information transfers

We examine potential information transfers from companies that announce dividend omissions to their industry rivals. Specifically, we examine the abnormal stock returns and abnormal earnings forecast revisions of rivals after a company makes a dividend-omission announcement. Our results show negativ...

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Bibliographic Details
Main Authors: CATON, Gary L., GOH, Jeremy, KOHERS, Ninon
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2003
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/2205
https://ink.library.smu.edu.sg/context/lkcsb_research/article/3204/viewcontent/Dividend_Omissions_2003_av.pdf
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Institution: Singapore Management University
Language: English