PropertyValue
?:abstract
  • We present new evidence on the importance of trust in financial decision-making and asset valuation. We predict that less trusting individuals will have a preference for dividend-paying stocks, and that the trust level of the investor base will interact with dividend payments to affect asset valuations. In a cross-section of households, those who are less trusting tilt their portfolios towards dividend-paying stocks. Furthermore, the trust level of the investor base partially explains the valuation of dividend-payers relative to non-dividend-payers. Finally, we use a sample of fraud events as shocks to trust, and show that the dividend premium is higher after these shocks occur. (xsd:string)
?:author
?:comment
  • https://dx.doi.org/10.2139/ssrn.2311512. (EVS) (xsd:string)
?:dataSource
  • EVS-Bibliography (xsd:string)
?:dateModified
  • 2020 (xsd:gyear)
?:datePublished
  • 2020 (xsd:gyear)
?:doi
  • 10.2139/ssrn.2311512 ()
?:duplicate
is ?:hasPart of
?:inLanguage
  • english (xsd:string)
is ?:mainEntity of
?:name
  • Dividends and Trust (xsd:string)
?:publicationType
  • techreport (xsd:string)
?:reference
?:sourceInfo
  • Bibsonomy (xsd:string)
?:studyGroup
  • European Values Study (EVS) (xsd:string)
?:tags
  • 2020 (xsd:string)
  • EVS (xsd:string)
  • EVS_input2020 (xsd:string)
  • EVS_pro (xsd:string)
  • FDZ_IUP (xsd:string)
  • checked (xsd:string)
  • datfeld (xsd:string)
  • english (xsd:string)
  • kbe (xsd:string)
  • techreport (xsd:string)
  • transfer20 (xsd:string)
rdf:type
?:url