Mohapatra, Sudatta Bharati; Kar, Nirmal Chandra - In: Journal of risk and financial management : JRFM 15 (2022) 10, pp. 1-19
-2017). The study found unit root, cointegration, and a long-run relationship between dividend and share price series for Indian …The log-linearized present value model (PVM) has been widely used in corporate finance to understand the long-run … relationship between share price and dividends using panel data. However, the application of recently established panel econometric …