Learn More
Disclaimer Any opinions expressed here are those of the author(s) and not those of the IIIS. All works posted here are owned and copyrighted by the author(s). Papers may only be downloaded for personal use only. Abstract This paper examines the integration of European equity markets over the 1985-2002 period using a relatively new cointegrating technique(More)
We study the impact of firm dividend policies on firm risks in the United States, from 1987 to 2011. The impact of a comprehensive set of dividend policies (cash dividend initiations, omissions, the duration of the policies, the amounts of payout) is assessed on a set of important firm risks (total, idiosyncratic and systematic market risks, as well as the(More)
  • 1