Showing 1 - 10 of 12,284
Persistent link: https://www.econbiz.de/10009701649
Persistent link: https://www.econbiz.de/10003145142
dividend payout ratios instead correspond to higher future earnings growth. Examining both listed and delisted firms on the … Australian stock exchange over the period 1989 to 2008, we provide further evidence that the dividend payout ratio is positively …
Persistent link: https://www.econbiz.de/10013138785
close to those estimated in ex-dividend date stock price drop-off studies of the Australian share market …
Persistent link: https://www.econbiz.de/10013113477
A Dividend Reinvestment Plan (DRP) allows firms to increase their dividend payout and, at the same time, enables … a DRP under the Australian dividend imputation regime over the sample period 1995-2009. Dividend imputation …-resident shareholders. Reforms to Australia's tax system in July 2000 also allowed Australian individual, superannuation and pension fund …
Persistent link: https://www.econbiz.de/10013101634
This study examines the characteristics of firms that have an underwritten Dividend Reinvestment Plan (“UDRP”) under … the dividend tax imputation system in the Australian equity market. An underwritten dividend reinvestment plan is a DRP in … the issue price to reach the guaranteed participation level. UDRPs enable firms to increase and maintain a high dividend …
Persistent link: https://www.econbiz.de/10013082660
the case of unfranked dividend reductions Overall, our study shows conclusively that dividend reductions in Australia … dividend payments in an imputation tax environment. Consistent with prior literature We find significantly negative long term … abnormal returns subsequent to dividend reductions, with some support for less negative long term abnormal returns arising in …
Persistent link: https://www.econbiz.de/10012999877
strong evidence that dividend paying firms have more persistent earnings than non-dividend paying firms. Firms that pay … levels of franking identifying more mature firms, fully franked dividend paying firms have significantly less persistent … and controlling for dividend size and firm age …
Persistent link: https://www.econbiz.de/10013112684
We examine the association between board gender diversity and corporate dividend payout. Our results suggest that … although board gender diversity impacts positively on dividend payments, this is only conspicuous in widely held firms. However …, when ownership concentration is high, board gender diversity reduces dividend payments. We demonstrate that women directors …
Persistent link: https://www.econbiz.de/10012842515
This paper investigates whether corporate governance has an impact on dividend policy in Australian listed firms. The … empirical studies of corporate governance and dividend policy in the Australian context tend to have a limited scope and the … between dividend policy and corporate governance mechanisms. Using a sample of 1,438 firm-year observations for the period of …
Persistent link: https://www.econbiz.de/10012843070