International Financial Reporting Standards (IFRS), we investigate whether and how dividend payouts based on unrealized revaluation … earnings affect a firm's default risk. Our results indicate that in the era of fair value accounting, whether the dividend …

We study an optimal dividend problem under a bankruptcy constraint. Firms face a trade-off between potential bankruptcy …

(Kedzior et al., 2020; Ntoung et al., 2020; Vintilă etal., 2019), dividend policy (Dragotă and Delcea, 2019; Pinto and Rastogi …

The present study primarily examines the impact of financial distress (FD) on the dividend policy of 33 banks working … dividend policy under the influence of shareholder activism (SHA). Using the static panel data regression technique, it is … revealed that financial distress is non-linearly associated with the dividend policy of banks in an inverted U-shape. In the …

Optimal dividend payment under a ruin constraint is a two objective control problem which-in simple models-can be … levels and a closed formula for the corresponding dividend value. Using the running allowed ruin probabilities, a simple test ….2.2, also yields optimal dividend strategies which differ from those in all other methods, and Lagrange gaps are present here. …

, dividend strategies are considered which are based on barrier sequences. In our continuous state model, optimal barriers can be … computed with the Lagrange method leading to a backward recursion scheme. The resulting dividend strategies will not always be …

The optimal investment-dividend policy of a financially constrained firm whose earnings are subject to additive shocks …