Reaction on the Johannesburg Stock Exchange to major shifts in dividend policy
The objective of this article is to examine the share market response to substantial changes in dividend policies for companies listed on the Johannesburg Stock Exchange. The results provide strong support for the information content of dividend hypothesis. Investors revise their expectations in res...
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| Format: | Article |
| Language: | English |
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AOSIS
1991-09-01
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| Series: | South African Journal of Business Management |
| Online Access: | https://sajbm.org/index.php/sajbm/article/view/896 |