Essays in bank dividend signaling, smoothing and risk shifting under information asymmetry and agency conflict
The current thesis is a collection of essays on costly signaling, smoothing (partial adjustment), and risk shifting through various pay outs by bank holding firms. The thesis is based on three chapters, or sections, which are through econometric investigations on the above mentioned topics. The majo...
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University of Glasgow
2019
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Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.768752 |