000696610 000__ 02587cam\a2200457Ii\4500 000696610 001__ 696610 000696610 005__ 20230306135607.0 000696610 006__ m\\\\\o\\d\\\\\\\\ 000696610 007__ cr\cnu---unuuu 000696610 008__ 140127s2014\\\\gw\a\\\\omb\\\000\0\eng\d 000696610 020__ $$a9783658044732 $$qelectronic book 000696610 020__ $$a365804473X $$qelectronic book 000696610 020__ $$z9783658044725 000696610 0247_ $$a10.1007/978-3-658-04473-2$$2doi 000696610 035__ $$aSP(OCoLC)ocn869220142 000696610 035__ $$aSP(OCoLC)869220142 000696610 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dYDXCP$$dN$T$$dCOO 000696610 0411_ $$aeng$$bger 000696610 049__ $$aISEA 000696610 050_4 $$aHG4028.D5 000696610 08204 $$a332.63/221$$223 000696610 1001_ $$aMüller, Christian,$$eauthor. 000696610 24510 $$aConfirming dividend changes and the non-monotonic investor revision of earnings persistence$$h[electronic resource] /$$cChristian Müller ; with a foreword by Carsten Homburg. 000696610 264_1 $$aWiesbaden :$$bSpringer Gabler,$$c2014. 000696610 300__ $$a1 online resource (xxv, 137 pages) :$$billustrations. 000696610 336__ $$atext$$btxt$$2rdacontent 000696610 337__ $$acomputer$$bc$$2rdamedia 000696610 338__ $$aonline resource$$bcr$$2rdacarrier 000696610 4901_ $$aQuantitatives Controlling 000696610 502__ $$bPh.D.$$cUniversity of Cologne$$d2013. 000696610 504__ $$aIncludes bibliographical references. 000696610 506__ $$aAccess limited to authorized users. 000696610 520__ $$aThe stylized facts that firms pay and investors react to dividends disregard dividend neutrality. Taking on the perspective that informational asymmetries are the central determinant for dividend value relevance, Christian Müller assumes that firm's dividend decision conveys useful information to investors. He shows that investors use dividend changes to revise their a priori expectations about the persistence of a current earnings change. While his theoretical and empirical analyses generally imply that dividend changes constitute informative, but imperfect information signals, he further identifies situations in which they are substantial to investors. Christian Müller's research comprehensively examines the informational role of dividend policy and provides new insights to the corresponding Bayesian investor learning process. 000696610 546__ $$aForeword in German. 000696610 588__ $$aDescription based on online resource; title from PDF title page (SpringerLink, viewed January 6, 2014). 000696610 650_0 $$aDividends$$xAccounting. 000696610 830_0 $$aGabler research.$$pQuantitatives controlling. 000696610 85280 $$bebk$$hSpringerLink 000696610 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://dx.doi.org/10.1007/978-3-658-04473-2$$zOnline Access 000696610 909CO $$ooai:library.usi.edu:696610$$pGLOBAL_SET 000696610 980__ $$aEBOOK 000696610 980__ $$aBIB 000696610 982__ $$aEbook 000696610 983__ $$aOnline 000696610 994__ $$a92$$bISE