The Role of mid-year Dividends as predictors of yearly earnings

About this item

Title

The Role of mid-year Dividends as predictors of yearly earnings

Content partner

University of Canterbury Library

Collection

UC Research Repository

Description

New Zealand joint dividend and earnings announcement data is used to corroborate an aspect of dividend signalling espoused by Miller and Rock (1985). This is, that dividends announced within the course of a company’s financial year may be interpreted by investors as a signal about the quality of its annual earnings, even when interim earnings figures are published. This is because interim earnings figures may thought to be less trustworthy than annual ones. Given that firms listed on the New ...

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Format

Research paper

Research format

Conference paper

Date created

2011

Creator

Anderson, W.W.

URL

http://hdl.handle.net/10092/5432

Related subjects

event study / dividend signalling / Commerce, Management, Tourism and Services / Banking, Finance and Investment / Economics / Applied economics / Financial economics

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More Information

You can learn more about the rights status of this item at: https://hdl.handle.net/10092/17651

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