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Essays on Empirical Corporate Finance
This paper examines how the intensity of the Mandatory Financial Disclosure Regulation at the
country-industry level can affect the precautionary ...
Essays in financial accounting disclosure
This paper proposes that the readability of financial reports can act as a signaling device used by
firms that report their performance ...
Corporate dividend policy: Dividend smoothing. Evidence for dividend signaling and reputation
En 1961 Miller y Modigliani demostraron que la política de dividendos es irrelevante para
el valor de una firma, cuando los mercados son ...