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What does the timing of dividend reductions signal? |
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| Authors: | Che Xin Fuller Kathleen P |
| Institution: | 1.Department of Finance, California State University, Fullerton, Fullerton, CA, USA ;2.Department of Finance, University of Mississippi, University, MS, USA ; |
| Abstract: | Review of Quantitative Finance and Accounting - Dividend reduction theory suggests that during an economy-wide shock, a relatively early dividend reduction indicates that a firm reduces its cash... |
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