haku: @journal_id 33 / yhteensä: 575
viite: 62 / 575
Tekijä: | Koch, P. Shenoe, C. |
Otsikko: | The information content of dividend and capital structure politics |
Lehti: | Financial Management
1999 : WIN, VOL. 28:4, p. 16-35 |
Asiasana: | Dividends Capital structure of companies Agency theory Signaling |
Kieli: | eng |
Tiivistelmä: | The authors reexamine signaling and agency theories and argue that the free-cash-flow hypothesis implies a stronger information effect for both over- and underinvesting firms than for value-maximizing firms. The results indicate that dividend and capital structure policies interact to provide significant predictive information about future cash flow. |
SCIMA