How does dividend smoothing relate to investment efficiency?
碩士 === 國立交通大學 === 財務金融研究所 === 105 === In this study, we examine whether dividend smoothing can improve investment efficiency. We find that dividend smoothing play a mitigating role in information asymmetry and agency problem, and lead to an improvement on investment efficiency. Our findings show tha...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2017
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| Online Access: | http://ndltd.ncl.edu.tw/handle/336d54 |