To convey information through a firm's actions. The more costly it is to provide a' Signal', the more credibility it has. For example, to call a press conference and tell everyone that the firm's prospects have improved is less effective than saying the same thing and raising the dividend.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). signal. Retrieved September 20, 2026, from http://smartdefine.org/signal/definitions/1163569 |
| Chicago | Barry Goldsmith. 2010. "signal" http://smartdefine.org/signal/definitions/1163569 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, signal, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/signal/definitions/1163569>. |
| MLA | Barry Goldsmith. "signal" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/signal/definitions/1163569> |