Potential dividends and actual cash flows. A regional latin american analysis1
We examine the value market assigns to components of the cash flow to equity including potential dividends. We study non financial publicly traded firms from five Latin American countries. The model includes four variables: market value of equity, dividends paid, change in equity investment and chan...
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| Format: | Article |
| Language: | Spanish |
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Universidad ICESI
2009-10-01
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| Series: | Estudios Gerenciales |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S0123592309700932 |