Browsing by Author "Tsuchida, Marcos H."
Now showing items 1-5 of 5
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Do dividend changes signal future earnings?
2011-01Signaling models contributed to the corporate finance literature by formalizing 'the informational content of dividends' hypothesis. However, these models are under criticism as the empirical literature found weak evidences ... -
Do dividends signal more earnings?
2004-02-01Signaling models have contributed to the corporate finance literature by formalizing 'the informational content of dividends' hypothesis. However, these models are under criticism of empirical literature, as weak evidences ... -
Do dividends signal more earnings? a theoretical analysis
2003-02The signaling models have contributed to the literature of corporate finance by the formalization of 'the informational content of dividends hypothesis'. However, these models are under criticism of empirical works, as ... -
Essays on asymmetric information problems without the single-crossing property: applications to corporate finance
2003The objective of this dissertation is to re-examine classical issues in corporate finance, applying a new analytical tool. The single-crossing property, also called Spence-irrlees condition, is not required in the models ... -
The trade-off between incentives and endogenous risk
2004-02-01Standard models of moral hazard predict a negative relationship between risk and incentives, but the empirical work has not confirmed this prediction. In this paper, we propose a model with adverse selection followed by ...
