How does dividend catering policy affect analysts’ forecast accuracy? Evidence from dividend stickiness behavior
碩士 === 國立交通大學 === 財務金融研究所 === 106 === In this paper, we define manager’s reluctance of dividend cut as dividend stickiness and propose a new measure to describe this behavior. We discuss dividend stickiness under signaling theory and catering theory and examine its effect on analysts’ forecast accur...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2018
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| Online Access: | http://ndltd.ncl.edu.tw/handle/5c5w44 |