SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Liquidity and Dividend Policy
16 references·2 citing·41 second hop
Liquidity and Dividend Policy (2006)Liquidity and Dividend PolicySpeculative Trading and Stock Prices: An Analysis of Chinese A-B Share Premia (2004)Speculative Trading and Stock…Liquidity Risk and Expected Stock Returns (2003)Liquidity Risk and Expected S…Is Information Risk a Determinant of Asset Returns? (2002)Is Information Risk a Determi…Disappearing dividends: changing firm characteristics or lower propensity to pay? (2001)Disappearing dividends: chang…Price Momentum and Trading Volume (2000)Price Momentum and Trading Vo…A Theory of Dividends Based on Tax Clienteles (2000)A Theory of Dividends Based o…Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…Do Changes in Dividends Signal the Future or the Past? (1997)Do Changes in Dividends Signa…Dividends, Taxes, and Signaling: Evidence from Germany (1997)Dividends, Taxes, and Signali…Financial Dependence and Growth (1996)Financial Dependence and Grow…Dividends, Dilution, and Taxes: A Signalling Equilibrium (1985)Dividends, Dilution, and Taxe…Dividend Policy under Asymmetric Information (1985)Dividend Policy under Asymmet…Continuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…The Capital Structure Puzzle (1984)The Capital Structure PuzzleImperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy (1979)Imperfect Information, Divide…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…The Effect of Profitability and Liquidity on Dividend Policy (2023)The Effect of Profitability a…Stock Liquidity and Dividend Policy (2018)Stock Liquidity and Dividend …The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Market structure, information, futures markets, and price formation. (1984)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Noise Trader Risk in Financial Markets (1990)Investor Psychology and Security Market Under‐ and Overreactions (1998)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2006)Investor Sentiment and the Cross‐Section of Stock Returns (2006)When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks (2011)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Credit Rationing in Markets with Imperfect Information (1981)A Contribution to the Empirics of Economic Growth (1992)Financial intermediation and growth: Causality and causes (2000)Law, Finance, and Economic Growth in China (2003)Finance and Growth: Theory and Evidence (2004)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)On Persistence in Mutual Fund Performance (1997)Job Market Signaling (1973)Efficient Capital Markets: II (1991)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Theory of Capital Structure (1991)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The theory and practice of corporate finance: evidence from the field (2001)Common risk factors in the returns on stocks and bonds (1993)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)Market Liquidity and Funding Liquidity (2008)A five-factor asset pricing model (2014)The Cross-Section of Expected Stock Returns (1992)Information and the Cost of Capital (2004)Asset pricing with liquidity risk (2005)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Corporate social responsibility and access to finance (2013)
this work references cited by second hop

References

  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1996Financial Dependence and Growth8,055 cited
  • 1984The Capital Structure Puzzle7,520 cited
  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 2003Liquidity Risk and Expected Stock Returns5,362 cited
  • 1985Dividend Policy under Asymmetric Information3,459 cited
  • 2001Disappearing dividends: changing firm characteristics or lower propensity to pay?3,039 cited
  • 1979Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy2,809 cited
  • 2002Is Information Risk a Determinant of Asset Returns?1,862 cited
  • 2000Price Momentum and Trading Volume1,593 cited
  • 1985Dividends, Dilution, and Taxes: A Signalling Equilibrium1,425 cited
  • 1997Do Changes in Dividends Signal the Future or the Past?995 cited
  • 2000A Theory of Dividends Based on Tax Clienteles857 cited
  • 1997Dividends, Taxes, and Signaling: Evidence from Germany191 cited
  • 2004Speculative Trading and Stock Prices: An Analysis of Chinese A-B Share Premia

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

73 cited

Cited by

  • 2018Stock Liquidity and Dividend Policy11 cited
  • 2023The Effect of Profitability and Liquidity on Dividend Policy10 cited