How Investment Efficiency Affected Dividend Stability: “Substitution Effect” or “Consequence Effect”?

DONG Zhu, BAI Xiangyu

Jinan Journal ›› 2022, Vol. 44 ›› Issue (10) : 36-55.

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Jinan Journal ›› 2022, Vol. 44 ›› Issue (10) : 36-55. DOI: 10.11778/j.jnxb.20220961

How Investment Efficiency Affected Dividend Stability: “Substitution Effect” or “Consequence Effect”?

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{{article.zuoZheEn_L}}. {{article.title_en}}. {{journal.qiKanMingCheng_EN}}. 2022, 44(10): 36-55 https://doi.org/10.11778/j.jnxb.20220961

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