Search
Now showing items 1-10 of 30
Dividend increases and initiations and default risk in equity returns
(2011)
This study extends the Grullon, Michaely, and Swaminathan (2002) analysis by incorporating default risk. Using data for firms that either increased or initiated cash dividend payments during the 23-year period 1986-2008, ...
Discussion of "The Association Between Energy Taxation, Participation in an Emissions Trading System, and the Intensity of Carbon Dioxide Emissions in the European Union"
(2015)
Even though the role of energy taxes on emissions has been examined extensively in recent years, there has been limited empirical research on the effect of implicit tax rates on energy on emissions in the European Union. ...
The relation between changes in the information content of earnings and expected stock returns: Empirical evidence for Japan
(2012)
This paper examines the relationship between changes in the information content of earnings with expected stock returns for the Japanese market during the period of 1991-2001. Results show that a mimicking portfolio return ...
Who are the winners in POS. Emprical evidence for the U.S
(European Accounting Association, 2018)
Discussion of "Equity Financing and Social Responsibility: Further International Evidence"
(2015)
Even though corporate social responsibility (CSR) has grown substantially in recent years, there has been limited empirical research on the relation between CSR and the perceptions of capital market participants. One stream ...
Losses, dividend reductions, and market reaction associated with past earnings and dividends patterns
(2011)
This paper examines investors' reactions to dividend reductions or omissions conditional on past earnings and dividend patterns for a sample of eighty-two U.S. firms that incurred an annual loss. We document that the market ...
Are analyst stock recommendation revisions more informative in the post-IFRS period?
(2018)
This paper investigates whether the mandatory IFRS adoption has affected the informativeness of analyst recommendation revisions in Europe. Although prior studies document that IFRS adoption improved analyst forecast ...