Expected return and expected dividend growth
Article Abstract:
An analysis of US stock markets post war shows that expected returns vary based on time and similar variation in dividend growth rate too is anticipated by the stock markets. This expected dividend growth rate may or may not be supported by dividend-price ratio. The relationship between dividend forecasts and forecasts of excess stock returns in business cycles is also examined.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2005
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The impact of stock market information production on internal resource allocation
Article Abstract:
The resource allocation decision of a manager inside a multidivision firm whose compensation is based on the firm's stock price is analyzed. The exhibition of a positive correlation across the firms divisions by the internal investments is observed.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2004
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Themarketing role of IPOs: evidence from internet stocks
Article Abstract:
The possible marketing profits of going public and the under pricing of initial public offerings (IPOs) is discussed. The results imply that the benefits are beyond the internet sector and the issues market of late 1990s.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2003
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