Dividends

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Shareholder Conflicts and Dividends

Controlling shareholders may feel tempted to capture benefits for themselves at other shareholders’ expense. For instance, the majority...Read more

Janis Berzins
Øyvind Bøhren
Bogdan Stacescu
06 October 2017

Signaling Safety

In this paper we revisit a classic idea in finance and economics, namely the hypothesis that dividend changes convey information about firms’...Read more

Roni Michaely
Stefano Rossi
Michael Weber
13 March 2020

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