Purpose: This paper examines the dividend smoothing (DS) behaviour in the Gulf Cooperation Council (GCC) countries in emerging markets where the response to news and the economic environment are different from those of developed countries. Design/methodology/approach: The authors examine the...

Purpose: The purpose of this paper is to investigate the stock market response to dividend announcements in high growth emerging markets of Gulf countries. Design/methodology/approach: The sample includes 1,092 dividend announcements from 299 listed firms over the period 2010-2015. Findings: In...