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Author:Low, S-W. (et al.)
Title:The link between bank monitoring and corporate dividend policy: the case of dividend omissions
Journal:Journal of Banking and Finance
2001 : NOV, VOL. 25:11, p. 2069-2087
Index terms:DIVIDEND POLICY
DIVIDENDS
SIGNALING
Freeterms:BANK MONITORING
Language:eng
Abstract:This study investigates whether bank monitoring influences investors response to a borrowing firm's decision to omit its dividend payments. The authors establish a new link between the theories of banking and dividend policy in an examination of how bank monitoring and firm dividend signals complement one another to resolve information asymmetries.
SCIMA record nr: 231330
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