Why firms are reluctant to cut dividend? Evidence from managerial overconfidence
碩士 === 國立交通大學 === 財務金融研究所 === 107 === Prior studies document firms’ reluctance of dividend cut from the perspective of information content and catering incentives. In this study, we explain this phenomenon from the perspective of managerial overconfidence. We find that managerial overconfidence is s...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2019
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| Online Access: | http://ndltd.ncl.edu.tw/handle/h3xnn2 |