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https://hdl.handle.net/20.500.14279/10967
Πεδίο DC | Τιμή | Γλώσσα |
---|---|---|
dc.contributor.author | Cooper, Ian A. | - |
dc.contributor.author | Lambertides, Neophytos | - |
dc.date.accessioned | 2018-04-20T10:41:27Z | - |
dc.date.available | 2018-04-20T10:41:27Z | - |
dc.date.issued | 2018-02 | - |
dc.identifier.citation | Journal of Corporate Finance, 2018, vol. 48, pp. 17-33 | en_US |
dc.identifier.issn | 09291199 | - |
dc.identifier.uri | https://hdl.handle.net/20.500.14279/10967 | - |
dc.description.abstract | This study documents the fact that large dividend increases are followed by a significant increase in leverage, consistent with management increasing the dividend to use up excess debt capacity. However, the leverage increase is not captured by a standard partial adjustment model of leverage. Nor does it reflect variables known to be related to dividend increases, such as firm maturity, investment, and risk. Instead, the dividend increase signals a complex change in the way firms adjust to their leverage target, but it does not signal a change in the target. | en_US |
dc.format | en_US | |
dc.language.iso | en | en_US |
dc.relation.ispartof | Journal of Corporate Finance | en_US |
dc.rights | © Elsevier | en_US |
dc.subject | Capital structure | en_US |
dc.subject | Dividend policy | en_US |
dc.subject | Dividend changes | en_US |
dc.subject | Leverage | en_US |
dc.title | Large dividend increases and leverage | en_US |
dc.type | Article | en_US |
dc.collaboration | London Business School | en_US |
dc.collaboration | Cyprus University of Technology | en_US |
dc.subject.category | Economics and Business | en_US |
dc.journals | Subscription | en_US |
dc.country | United Kingdom | en_US |
dc.country | Cyprus | en_US |
dc.subject.field | Social Sciences | en_US |
dc.publication | Peer Reviewed | en_US |
dc.identifier.doi | 10.1016/j.jcorpfin.2017.10.011 | en_US |
dc.relation.volume | 48 | en_US |
cut.common.academicyear | 2017-2018 | en_US |
dc.identifier.spage | 17 | en_US |
dc.identifier.epage | 33 | en_US |
item.fulltext | No Fulltext | - |
item.languageiso639-1 | en | - |
item.grantfulltext | none | - |
item.openairecristype | http://purl.org/coar/resource_type/c_6501 | - |
item.cerifentitytype | Publications | - |
item.openairetype | article | - |
crisitem.journal.journalissn | 0929-1199 | - |
crisitem.journal.publisher | Elsevier | - |
crisitem.author.dept | Department of Finance, Accounting and Management Science | - |
crisitem.author.faculty | Faculty of Tourism Management, Hospitality and Entrepreneurship | - |
crisitem.author.orcid | 0000-0003-2864-1793 | - |
crisitem.author.parentorg | Faculty of Management and Economics | - |
Εμφανίζεται στις συλλογές: | Άρθρα/Articles |
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