{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/87152"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/87152","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"A Re-Examination of the Market's Reaction to Quarterly Dividend Change Announcement","abstract":"The results indicate that the market distinguishes between the following dividend changes: (1) dividend increases that convey favorable information about the firm's future profitability, (2) dividend increases that convey unfavorable information about the firm's future profitability, (3) dividend decreases that convey favorable information about the firm's future profitability, (4) dividend decreases that convey unfavorable information about the firm's future profitability. The results also indicate that market's classification for these dividend changes depends mainly on the size of the firm and the price-to-book ratio at the time of the dividend change announcement.","abstract_html":"The results indicate that the market distinguishes between the following dividend changes: (1) dividend increases that convey favorable information about the firm&#x27;s future profitability, (2) dividend increases that convey unfavorable information about the firm&#x27;s future profitability, (3) dividend decreases that convey favorable information about the firm&#x27;s future profitability, (4) dividend decreases that convey unfavorable information about the firm&#x27;s future profitability. The results also indicate that market&#x27;s classification for these dividend changes depends mainly on the size of the firm and the price-to-book ratio at the time of the dividend change announcement.","abstract_has_math":false,"creators":["Ibrahim, Adel Nematallah Naguib"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Accountancy","degree_department":null,"school":null,"contributors":["Sougiannis, Theodore"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2015,"date_issued":"2015-09-28T15:39:21Z","date_published":"2015-09-28T15:39:21Z","updated_at":"2026-07-22T22:26:28Z","subjects":["Economics, Finance"],"languages":["eng"],"rights":[],"rights_urls":[],"identifier_entries":[{"key":"dc:identifier","label":"Identifier","values":["(MiAaPQ)AAI3070332"],"render_values":[{"text":"(MiAaPQ)AAI3070332","href":null,"code":true}]}]},"links":{"outbound_url":"http://hdl.handle.net/2142/87152","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Sougiannis, Theodore"]},{"key":"dc:creator","label":"Author","values":["Ibrahim, Adel Nematallah Naguib"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2015-09-28T15:39:21Z","10000-01-01","2002"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Accountancy"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Dissertation"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Ph.D."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Economics, Finance"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["eng"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["http://hdl.handle.net/2142/87152","(MiAaPQ)AAI3070332"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["The results indicate that the market distinguishes between the following dividend changes: (1) dividend increases that convey favorable information about the firm's future profitability, (2) dividend increases that convey unfavorable information about the firm's future profitability, (3) dividend decreases that convey favorable information about the firm's future profitability, (4) dividend decreases that convey unfavorable information about the firm's future profitability. The results also indicate that market's classification for these dividend changes depends mainly on the size of the firm and the price-to-book ratio at the time of the dividend change announcement.","Made available in DSpace on 2015-09-28T15:39:21Z (GMT). No. of bitstreams: 2 license.txt: 4848 bytes, checksum: 96035ab3f5e1c23cc7138a224ce498bd (MD5) 3070332.pdf: 4651906 bytes, checksum: e49b4173bde03662858712e397c77b33 (MD5) Previous issue date: 2002","Embargo set by: Seth Robbins for item 88433 Lift date: Forever Reason: Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs","Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs","U of I Only","96 p.","Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2002."]},{"key":"dc:title","label":"Title","values":["A Re-Examination of the Market's Reaction to Quarterly Dividend Change Announcement"]}]}],"canonical_facts":{"dc:contributor":["Sougiannis, Theodore"],"dc:creator":["Ibrahim, Adel Nematallah Naguib"],"dc:date":["2015-09-28T15:39:21Z","10000-01-01","2002"],"dc:description":["The results indicate that the market distinguishes between the following dividend changes: (1) dividend increases that convey favorable information about the firm's future profitability, (2) dividend increases that convey unfavorable information about the firm's future profitability, (3) dividend decreases that convey favorable information about the firm's future profitability, (4) dividend decreases that convey unfavorable information about the firm's future profitability. The results also indicate that market's classification for these dividend changes depends mainly on the size of the firm and the price-to-book ratio at the time of the dividend change announcement.","Made available in DSpace on 2015-09-28T15:39:21Z (GMT). No. of bitstreams: 2 license.txt: 4848 bytes, checksum: 96035ab3f5e1c23cc7138a224ce498bd (MD5) 3070332.pdf: 4651906 bytes, checksum: e49b4173bde03662858712e397c77b33 (MD5) Previous issue date: 2002","Embargo set by: Seth Robbins for item 88433 Lift date: Forever Reason: Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs","Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs","U of I Only","96 p.","Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2002."],"dc:identifier":["http://hdl.handle.net/2142/87152","(MiAaPQ)AAI3070332"],"dc:language":["eng"],"dc:subject":["Economics, Finance"],"dc:title":["A Re-Examination of the Market's Reaction to Quarterly Dividend Change Announcement"],"dc:type":["text"],"thesis:degree_discipline":["Accountancy"],"thesis:degree_level":["Dissertation"],"thesis:degree_name":["Ph.D."],"thesis:institution_name":["University of Illinois at Urbana-Champaign"]},"updated_at":"2026-07-22T22:26:28Z"}