Dividend policy and corporate investment under information shocks
This study exploits the mandatory adoption of International Financial Reporting Standards (IFRS) as an exogenous shock to the corporate information environment to examine how the constraining effect of dividend policy on corporate investment changes under lower levels of information asymmetry. To id...
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| Format: | article |
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2020
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| Online Access: | http://hdl.handle.net/10725/11915 https://doi.org/10.1016/j.intfin.2020.101184 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php https://www.sciencedirect.com/science/article/pii/S1042443120300688 |
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