The Stockholders’ Wealth Effect of Stock Dividends by Companies’ Announcement: The Roles of Investment Opportunities Hypothesis and Free Cash Flow Theory
碩士 === 朝陽科技大學 === 財務金融系碩士班 === 89 === The purpose of this study is trying to explain the shareholders’ wealth effect by investment opportunities hypothesis and free cash flow theory. On the whole samples, the market-price will increase by stock dividends of conpanies’ announcement. We also find that...
| Main Authors: | , |
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2001
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| Online Access: | http://ndltd.ncl.edu.tw/handle/48268326714550362952 |