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This paper focuses on dominant owners' use of leverage to finance their blockholdings and its relationship to dividend … following the crisis, dividend payouts increase in proportion to pyramidal debt of dominant owners. We inspect pyramidal …
Persistent link: https://www.econbiz.de/10012906183
This paper focuses on dominant owners' use of leverage to finance their blockholdings and its relationship to dividend … following the crisis, dividend payouts increase in proportion to pyramidal debt of dominant owners. We inspect pyramidal …
Persistent link: https://www.econbiz.de/10012906198
The study investigates the factors that influence dividend payout policy in public Pakistani manu- facturing companies … a dividend at all or do not do so regularly so all these firms were excluded from the final dataset. The study discovers … life cycle ratio, increase the dividend payout while cash ratio decreases the dividend distribution ratio for publically …
Persistent link: https://www.econbiz.de/10013252615
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We study an optimal dividend problem under a bankruptcy constraint. Firms face a trade-off between potential bankruptcy …
Persistent link: https://www.econbiz.de/10011870659
Persistent link: https://www.econbiz.de/10011811849
firm which remains the relation with major customer in a longer period pays higher dividend. This finding is unbiased by … the substitutional effect between dividend and repurchase and robust in different model specifications. Digging deeper, I … find that the positive effect of relationship duration with major customer on supplier dividend payout is contributable to …
Persistent link: https://www.econbiz.de/10012844302
This paper studies a model of corporate finance in which firms use stock issuance to finance investment. We assume that the firm is "rational" and therefore recognizes the relationship between future dividends and stock prices. Under this assumption, future variables enter in the constraints of...
Persistent link: https://www.econbiz.de/10013047807
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