The Information Content of Dividends: Safer Profits, Not Higher Profits
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- Chengzhu Sun & Shujing Wang & Chu Zhang, 2021. "Corporate Payout Policy and Credit Risk: Evidence from Credit Default Swap Markets," Management Science, INFORMS, vol. 67(9), pages 5755-5775, September.
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More about this item
Keywords
dividends; payout policy; cash flow volatility; signaling model;All these keywords.
JEL classification:
- G35 - Financial Economics - - Corporate Finance and Governance - - - Payout Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2018-01-08 (Corporate Finance)
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