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The US financial crisis and corporate dividend reactions: for better or for worse? |
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| Authors: | Hilliard Jitka Jahera John S Zhang Haoran |
| Affiliation: | 1.Department of Finance, Raymond J. Harbert College of Business, Auburn University, 313 Lowder Hall, Auburn, AL, 36849, USA ;2.Department of Finance, Raymond J. Harbert College of Business, Auburn University, 308 Lowder Hall, Auburn, AL, 36849, USA ;3.Department of Finance, Raymond J. Harbert College of Business, Auburn University, 305 Lowder Hall, Auburn, AL, 36849, USA ; |
| Abstract: | Review of Quantitative Finance and Accounting - We examine how changes in dividend policy in 2008 as the financial crisis was unfolding influenced firm risk-adjusted returns in the following years.... |
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