.... Editor's note: Accepted by Christopher S. Armstrong, under the Senior Editorship of Mary E. Barth. 1 5 2019 1 6 2021 2022 dividends payout policy signaling earnings capital structure investment opportunities How do investment and earnings interact to determine...

... examine whether firms exploit their ERISA pension accounting flexibility to reduce their pre-MAP-21 mandatory contributions and, if so, whether such firms have more stable investment and payout policies. Although not directly related to MAP-21's passage, these supplemental analyses provide a unique...