Cite

Ali A., Urcan O. (2006), Dividends increases and future proftability, Working Paper, University of Texas at Dallas, DallasSearch in Google Scholar

Baker M., Wurgler J. (2004a), Appearing and disappearing dividends: The link to catering incentives, Journal of Financial Economics, No. 73, pp. 271-28810.1016/j.jfineco.2003.08.001Search in Google Scholar

Baker M., Wurgler J. (2004b), A catering theory of dividends, The Journal of Finance, No. 59, pp. 1125-1165 Baker M., Wurgler J. (2012), Behavioral corporate fnance: an updated survey, in: Constantinides G.M., Harris M., Stulz R.M. (eds.), Handbook of the Economics of Finance: Vol. 2, Oxford, UK: North Holland Fuller K.P., Goldstein, M. (2011), Do dividends matter more in declining markets, Journal of Corporate Finance, No. 17, pp. 457-473Search in Google Scholar

Fama E., French K. (2001), Disappearing Dividends: Changing Firm Characteristics or Lower Propensity to Pay? Journal of Financial Economics, No. 60, pp. 3-43Search in Google Scholar

Julio B., Ikenberry L. (2004), Reappearing dividends, Journal of Applied Corporate Finance, No. 16, pp. 89-100 Hansen L.P., Heaton J.C., Li N. (2005), Intangible risk, in: Corrado C., Haltiwanger J., Sichel D. (eds.), Measuring Capital in the New Economy. Chicago, USA: Chicago University Press10.1111/j.1745-6622.2004.00010.xSearch in Google Scholar

Hansen P.R., Lunde A., Nason, J.M. (2005), Testing the signifcance of calendar efects, Working Paper, Federal Reserve Bank of Atlanta, AtlantaSearch in Google Scholar

Hoberg G., Prabhala R. (2009), Disappearing dividends, catering, and risk, Review of Financial Studies, No. 22, pp. 79-116Search in Google Scholar

Hsieh J., Wang Q. (2006), Determinants of the trends in aggregate corporate payout policy, Working Paper, George Mason University, FairfaxSearch in Google Scholar

Kahneman D., Tversky A. (1979), Prospect Teory: an analysis of decision under risk, Econometrica, No. 47, pp. 263-292Search in Google Scholar

Kale R., Kini O., Payne D. (2012), On the dividends initiation decisions of newly public frms: some evidence on signaling with dividends, Journal of Financial and Quantitative Analysis, No. 47, pp. 365-396 Long J. (1978), The market valuation of cash dividends: a case to consider, Journal of Financial Economics, No. 6, pp. 235-264Search in Google Scholar

Neves E., Pindado J., De La Torre C. (2006), Dividends: new evidence on catering theory, Working Paper, Salamanca University, SalamancaSearch in Google Scholar

Twu M., Shen C. (2006), Catering to dividends demand and the institutional variables of capital markets, Working Paper, National Chengchi University, Taipei CitySearch in Google Scholar