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Information Content of Dividend Increases: the Case of Regulated Utilities

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  • Joseph Aharony
  • Haim Falk
  • Itzhak Swary

Abstract

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Suggested Citation

  • Joseph Aharony & Haim Falk & Itzhak Swary, 1988. "Information Content of Dividend Increases: the Case of Regulated Utilities," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 15(3), pages 401-414, September.
    • Handle: RePEc:bla:jbfnac:v:15:y:1988:i:3:p:401-414
    DOI: 10.1111/j.1468-5957.1988.tb00143.x
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    References listed on IDEAS

    as
    1. Brown, Stephen J. & Warner, Jerold B., 1985. "Using daily stock returns : The case of event studies," Journal of Financial Economics, Elsevier, vol. 14(1), pages 3-31, March.
    2. Miller, Merton H & Rock, Kevin, 1985. "Dividend Policy under Asymmetric Information," Journal of Finance, American Finance Association, vol. 40(4), pages 1031-1051, September.
    3. Stewart C. Myers, 1972. "The Application of Finance Theory to Public Utility Rate Cases," Bell Journal of Economics, The RAND Corporation, vol. 3(1), pages 58-97, Spring.
    4. Higgins, Robert C, 1974. "Growth, Dividend Policy and Capital Costs in the Electric Utility Industry," Journal of Finance, American Finance Association, vol. 29(4), pages 1189-1201, September.
    5. Joskov, Paul L & MacAvoy, Paul W, 1975. "Regulation and the Financial Condition of the Electric Power Companies in the 1970's," American Economic Review, American Economic Association, vol. 65(2), pages 295-301, May.
    6. Elizabeth E. Bailey & Roger D. Coleman, 1971. "The Effect of Lagged Regulation in an Averch-Johnson Model," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 278-292, Spring.
    7. Asquith, Paul & Mullins, David W, Jr, 1983. "The Impact of Initiating Dividend Payments on Shareholders' Wealth," The Journal of Business, University of Chicago Press, vol. 56(1), pages 77-96, January.
    8. Charest, Guy, 1978. "Split information, stock returns and market efficiency-I," Journal of Financial Economics, Elsevier, vol. 6(2-3), pages 265-296.
    9. Michael J. Brennan & Eduardo S. Schwartz, 1982. "Consistent Regulatory Policy under Uncertainty," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 506-521, Autumn.
    10. Brown, Stephen J. & Warner, Jerold B., 1980. "Measuring security price performance," Journal of Financial Economics, Elsevier, vol. 8(3), pages 205-258, September.
    11. Stephen A. Ross, 1977. "The Determination of Financial Structure: The Incentive-Signalling Approach," Bell Journal of Economics, The RAND Corporation, vol. 8(1), pages 23-40, Spring.
    12. Charest, Guy, 1978. "Dividend information, stock returns and market efficiency-II," Journal of Financial Economics, Elsevier, vol. 6(2-3), pages 297-330.
    13. Pettit, R Richardson, 1972. "Dividend Announcements, Security Performance, and Capital Market Efficiency," Journal of Finance, American Finance Association, vol. 27(5), pages 993-1007, December.
    14. John, Kose & Williams, Joseph, 1985. "Dividends, Dilution, and Taxes: A Signalling Equilibrium," Journal of Finance, American Finance Association, vol. 40(4), pages 1053-1070, September.
    15. Peles, Yoram C & Stein, Jerome L, 1976. "The Effect of Rate of Return Regulation Is Highly Sensitive to the Nature of the Uncertainty," American Economic Review, American Economic Association, vol. 66(3), pages 278-289, June.
    16. Laub, P Michael, 1976. "On the Informational Content of Dividends," The Journal of Business, University of Chicago Press, vol. 49(1), pages 73-80, January.
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