The Effect of Common-Stock Dividend Reductions on the Returns of Nonconvertible Preferred Stocks: A Note

Authors

  • JAMES ROSENFELD

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    • Assistant Professor, Emory University. The author wishes to thank John Bildersee, Joseph Sinkey, William Beranek, Mark Hanna and Michael Brennan for their comments and suggestions. Special thanks goes to Michael Keenan for his help and encouragement. This research was completed while the author was at the University of Georgia.

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