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The Information Content of Dividends Hypothesis: Back to the Drawing Board?

Research output: Contribution to journalJournal article

Published
<mark>Journal publication date</mark>1979
<mark>Journal</mark>Journal of Business Finance and Accounting
Issue number4
Volume6
Number of pages31
Pages (from-to)495-525
Publication statusPublished
Original languageEnglish

Abstract

The paper sets into a critical perspective a series of papers which purport to test whether dividends have information content. Its arguments are relevant to a wider set of papers which test information content of financial information more generally. The paper demonstrates the difficulties in drawing comparisons between papers which seem to test similar effects.