Investment Opportunities, Free Cash Flow and Market Reaction to Announcement of Stock Dividends
碩士 === 國立中央大學 === 財務金融研究所 === 92 === In this study we examine market reactions to announcements of stock dividends on the NYSE, AMEX and NASDAQ and test the investment opportunities hypothesis and free cash flow theories. We document those firms with promising investment opportunities that have sign...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2004
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| Online Access: | http://ndltd.ncl.edu.tw/handle/97795453254626295654 |