MARKET REACTION TO DIVIDEND‐DECREASE ANNOUNCEMENTS: PUBLIC UTILITIES VS. UNREGULATED INDUSTRIAL FIRMS
Published in The Journal of Financial Research • Sep 1, 1997
NobleIDNI2P58W96R24S03
Authors:
Michael Impson
Abstract
Abstract In this study I compare the common share price reaction to dividend‐decrease announcements by public utilities with the share price reaction to dividend‐decrease announcements by unregulated firms. Regressing cumulative prediction errors from an event study methodology on firm characteristi...
Finding related papers...
Discussions
(0)No comments yet
Be the first to share your thoughts!