Showing 1 - 10 of 544
Managers often try to forecast dividends because as Brown et al . (2002) suggest, dividends have cash flow implications for investors and are important signalling devices. This study analyses the dividend forecasts in the prospectuses of initial public offerings (IPOs) in Australia over the...
Persistent link: https://www.econbiz.de/10005462740
This paper analyses the board composition of Australian initial public offerings (IPOs) over the period 1994 to 1997. The recent management literature identifies a wide range of stakeholders beyond the traditional shareholders. Evan and Freeman, and Jones and Goldberg suggest that the importance...
Persistent link: https://www.econbiz.de/10005637827
Persistent link: https://www.econbiz.de/10002415109
Persistent link: https://www.econbiz.de/10002896135
Persistent link: https://www.econbiz.de/10009740841
Persistent link: https://www.econbiz.de/10009693280
Persistent link: https://www.econbiz.de/10010533262
Purpose: The purpose of this paper is to investigate the accuracy of Australian Real Estate Investment Trust (A-REIT) initial public offering (IPO) dividend forecasts between 1994 and 2016. Design/methodology/approach: This study compares the dividend forecasts of A-REIT IPOs for the first...
Persistent link: https://www.econbiz.de/10012187504
Purpose – This is the first REIT paper to seek to empirically examine potential influencing factors on the discounts and underwriting fees of Australian REIT rights issues. Design/methodology/approach – Using a methodology similar to Owen and Suchard, and Armitage, a sample of 62 A‐REIT...
Persistent link: https://www.econbiz.de/10014898367
Purpose – The purpose of this paper is to use Australian Real Estate Investment Trust (A‐REIT) data to empirically examine potential influencing factors on A‐REITs becoming a bidder or a target in the mergers and acquisitions (M&A) area. Design/methodology/approach – This study uses...
Persistent link: https://www.econbiz.de/10014898709