메뉴 건너뛰기




Volumn 16, Issue 2, 2000, Pages 209-228

Earnings management and expected dividend increases around seasoned share issues: Evidence from Finland

Author keywords

Dividend policy; Earnings management; Market reaction; Share issue

Indexed keywords


EID: 0034196416     PISSN: 09565221     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0956-5221(99)00017-2     Document Type: Article
Times cited : (12)

References (22)
  • 5
    • 0004117286 scopus 로고
    • Princeton, New Jersey
    • CIFAR (Center for International Financial Analysis and Research, Inc.) (1989), International accounting and auditing trends, vol. 1 Princeton, New Jersey.
    • (1989) International Accounting and Auditing Trends , vol.1
  • 6
    • 38249001494 scopus 로고
    • Positive information from equity issue announcements
    • Cooney, J. W. Jr., & Kalay, A. (1993). Positive information from equity issue announcements. Journal of Financial Economics, 33(2), 149-172.
    • (1993) Journal of Financial Economics , vol.33 , Issue.2 , pp. 149-172
    • Cooney J.W., Jr.1    Kalay, A.2
  • 7
    • 0000049321 scopus 로고
    • Capital structure and dividend irrelevance with asymmetric information
    • Dybvig, P. H., & Zender, J. F. (1991). Capital structure and dividend irrelevance with asymmetric information. Review of Financial Studies, 4(1), 201-219.
    • (1991) Review of Financial Studies , vol.4 , Issue.1 , pp. 201-219
    • Dybvig, P.H.1    Zender, J.F.2
  • 9
    • 0002663175 scopus 로고
    • Rights vs. underwritten offers: An asymmetric information approach
    • March
    • Heinkel, R., & Schwartz, E. (1986). Rights vs. underwritten offers: An asymmetric information approach. Journal of Finance, March.
    • (1986) Journal of Finance
    • Heinkel, R.1    Schwartz, E.2
  • 10
    • 38249018865 scopus 로고
    • Equity markets and personal taxation: The ex-dividend day behaviour of Finnish stock prices
    • Hietala, P. (1990). Equity markets and personal taxation: The ex-dividend day behaviour of Finnish stock prices. Journal of Banking and Finance, 14(2-3), 327-350.
    • (1990) Journal of Banking and Finance , vol.14 , Issue.2-3 , pp. 327-350
    • Hietala, P.1
  • 12
    • 0001637212 scopus 로고
    • Earnings and dividend announcements: Is there a corroboration effect
    • Kane, A., Lee, Y. K., & Marcus, A. (1984). Earnings and dividend announcements: Is there a corroboration effect? Journal of Finance, 39(4), 1091-1099.
    • (1984) Journal of Finance , vol.39 , Issue.4 , pp. 1091-1099
    • Kane, A.1    Lee, Y.K.2    Marcus, A.3
  • 13
    • 0030215160 scopus 로고    scopus 로고
    • Dividend-based earnings management: Empirical evidence from Finland
    • Kasanen, E., Kinnunen, J., & Niskanen, J. (1996). Dividend-based earnings management: Empirical evidence from Finland. Journal of Accounting and Economics, 22(1-3), 283-312.
    • (1996) Journal of Accounting and Economics , vol.22 , Issue.1-3 , pp. 283-312
    • Kasanen, E.1    Kinnunen, J.2    Niskanen, J.3
  • 14
    • 84996551168 scopus 로고
    • Earnings management and the economy sector hypothesis: Empirical evidence on a converse relationship in the finnish case
    • Kinnunen, J., Kasanen, E., & Niskanen, J. (1995). Earnings management and the economy sector hypothesis: Empirical evidence on a converse relationship in the finnish case. Journal of Business Finance and Accounting, 22(4), 497-520.
    • (1995) Journal of Business Finance and Accounting , vol.22 , Issue.4 , pp. 497-520
    • Kinnunen, J.1    Kasanen, E.2    Niskanen, J.3
  • 15
    • 0002744905 scopus 로고
    • Distribution of income of corporations among dividends, retained earnings, and taxes
    • Lintner, J. (1956). Distribution of income of corporations among dividends, retained earnings, and taxes. American Economic Review, 46, 97-113.
    • (1956) American Economic Review , vol.46 , pp. 97-113
    • Lintner, J.1
  • 16
  • 17
    • 84977428664 scopus 로고
    • Equity rights issues and the efficiency of the UK stock market
    • Marsh, P. R. (1979). Equity rights issues and the efficiency of the UK stock market. Journal of Finance, 34(4), 839-862.
    • (1979) Journal of Finance , vol.34 , Issue.4 , pp. 839-862
    • Marsh, P.R.1
  • 18
    • 0009903934 scopus 로고
    • Seasoned equity offerings: An empirical investigation
    • Masulis, R. W., & Korwar, A. N. (1986). Seasoned equity offerings: An empirical investigation. Journal of Financial Economics, 15(1-2), 91-118.
    • (1986) Journal of Financial Economics , vol.15 , Issue.1-2 , pp. 91-118
    • Masulis, R.W.1    Korwar, A.N.2
  • 19
    • 48549110620 scopus 로고
    • Corporate financing and investment decisions when firms have information that investors do not have
    • Myers, S. C., & Majluf, N. S. (1984). Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics, 13(2), 187-221.
    • (1984) Journal of Financial Economics , vol.13 , Issue.2 , pp. 187-221
    • Myers, S.C.1    Majluf, N.S.2
  • 20
    • 0003101071 scopus 로고
    • Finland
    • In D. Alexander, S. Archer, London: Academic Press Limited
    • Näsi, S. (1992). 'Finland'. In D. Alexander, S. Archer, The European Accounting Guide (pp. 733-765). London: Academic Press Limited.
    • (1992) The European Accounting Guide , pp. 733-765
    • Näsi, S.1
  • 21
    • 0002501581 scopus 로고
    • Recent development in financial reporting in Finland
    • Troberg, P. (1992). Recent development in financial reporting in Finland. Advances in International Accounting, 5, 25-45.
    • (1992) Advances in International Accounting , vol.5 , pp. 25-45
    • Troberg, P.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.