000			03358nam a22005295i 4500
001			978-3-658-04473-2
003			DE-He213
005			20200420211750.0
007			cr nn 008mamaa
008			131230s2014 gw | s |||| 0|eng d
020			_a9783658044732 _9978-3-658-04473-2
024	7		_a10.1007/978-3-658-04473-2 _2doi
050		4	_aHF5601-5688
050		4	_aHF5667-5668.252
072		7	_aKF _2bicssc
072		7	_aKFCM _2bicssc
072		7	_aBUS001040 _2bisacsh
072		7	_aBUS001010 _2bisacsh
082	0	4	_a657 _223
100	1		_aM�uller, Christian. _eauthor.
245	1	0	_aConfirming Dividend Changes and the Non-Monotonic Investor Revision of Earnings Persistence _h[electronic resource] / _cby Christian M�uller.
264		1	_aWiesbaden : _bSpringer Fachmedien Wiesbaden : _bImprint: Springer Gabler, _c2014.
300			_aXXV, 137 p. 8 illus. _bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
490	1		_aQuantitatives Controlling
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 M�uller 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 M�uller's research comprehensively examines the informational role of dividend policy and provides new insights to the corresponding Bayesian investor learning process.   Contents n  Dividend Irrelevance and Competing Dividend Theories n  Incremental Importance of Dividend Changes in Signaling Earnings Persistence - Theoretical and Empirical Analysis n  Measuring A Priori Investor Knowledge about Earnings Persistence   Target Groups �        Academics and students in the fields of finance and accounting �        Corporate managers, investment professionals, and anyone interested in the implications of payout policy   The Author Dr. Christian M�uller received his doctoral degree from the University of Cologne under the supervision of Prof. Dr. Carsten Homburg (Department of Business Administration and Management Accounting).  .
650		0	_aBusiness.
650		0	_aManagement science.
650		0	_aAccounting.
650		0	_aBookkeeping.
650		0	_aFinance.
650	1	4	_aBusiness and Management.
650	2	4	_aAccounting/Auditing.
650	2	4	_aBusiness and Management, general.
650	2	4	_aFinance, general.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9783658044725
830		0	_aQuantitatives Controlling
856	4	0	_uhttp://dx.doi.org/10.1007/978-3-658-04473-2
912			_aZDB-2-SBE
942			_cEBK
999			_c51217 _d51217