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support that the concentration of managerial ownership affects the firms financial policies, mainly the leverage and dividend … determines a negative and significant association among the mangers ownership concentration and dividend policy of the firms …. This result is supported by the agency theory prediction suggesting that as a firm has high managerial ownership, the …
Persistent link: https://www.econbiz.de/10011260358
This research aims to test dividend signaling theory in an Indonesian capital market. Signaling theory states that … dividend policy has information content that can influence to share price. Examination of theory of signaling is related to … there even exist mentioning this as phenomenon of disappearing dividend. Examination of theory of signaling is also related …
Persistent link: https://www.econbiz.de/10008685512
According to the prior literature, family executives of family-controlled firms receive lower compensation than non-family executives. One of the key driving forces behind this is the existence of family members who are not involved in management, but own significant fraction of shares and...
Persistent link: https://www.econbiz.de/10011108030
This paper examines the effect of salvage market on strategic technology choice and capacity investment decision of two … of capacity investment: flexible firm makes decision about general and specific components’ capacity and inflexible firm …
Persistent link: https://www.econbiz.de/10011257966
After more than two decades of inflation targeting in the world, it is important to evaluate if the adoption of this regime in a relevant developing country contributed to the creation of a better environment for the process of entrepreneurs' expectations formation. Brazil is part of an...
Persistent link: https://www.econbiz.de/10011271311
The aim of this paper is to empirically examine the relationship between saving and investment for 6 Middle East and … Model techniques. The long run estimation reveals causality between investment and saving for the entire sample. The Granger … causality tests confirm this result and validate the presence of bidirectional causal relationship between investment and saving …
Persistent link: https://www.econbiz.de/10011275130
means that can combine these two aims is a well-defined investment process. Through this paper work we tried to summarize … around 26 years of experience of a group of traders and investment advisors. What’s common to all of them is the definition …
Persistent link: https://www.econbiz.de/10011259003
individual companies, focusing on the implications for both researchers and investment practitioners. I develop inflation … companies. I find that inflation-based investment strategies conditioned on information available to investors as of the initial … investment and rebalancing dates result in significant risk-adjusted returns. I also investigate the sources of abnormal returns …
Persistent link: https://www.econbiz.de/10011259622
This study investigates the relationship between saving, investment and economic growth for India over the period 1950 …. However, few studies show evidence for growth driven saving and some suggest no relationship. In theory, saving may stimulate … test show that higher saving and investment lead to higher economic growth, but the reciprocal causality is not observed …
Persistent link: https://www.econbiz.de/10011259639
This paper intends to analyse and elucidate the impact of Fair Value Accounting on the banking industry in general and Indian Banking in particular in the light of the move towards convergence to International Financial Reporting Standards across the globe. In the light of criticism against fair...
Persistent link: https://www.econbiz.de/10011259732