Dividend Payouts and Information Shocks

163 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Board Reforms and Firm Value: Worldwide Evidence (2017, unknown): “firms from countries without reforms as of a particular time and is commonly used in prior literature (e.g., Bertrand and Mullainathan 2003; Hail et al. 2014).”
Earnings Management within Multinational Corporations (2018, background): “Prior research suggests that IFRS adoption, especially if bundled with changes in enforcement, is associated with higher reporting quality (Barth et al., 2008; Hung et al., 2014) and a significant reduction in information asymmetry (Daske et al., 2008; Wahid and Yu 2014; Hail et al., 2014).”
The effect of financial reporting quality on corporate dividend policy (2017, unknown): “Lastly, Hail et al. (2014) find a decrease in dividends following the mandatory adoption of IFRS and the initial enforcement of new insider trading laws — the events the authors use to capture a general improvement of information environments in the economy.”
Mandatory IFRS adoption: the trade-off between accrual-based and real earnings management (2017, methodology): “To decompose accruals into expected (normal) and unexpected (abnormal) portions, we employ the modified Jones (1991) model as proposed by Dechow et al.”