Showing 1 - 10 of 71
examining the moderating roles of additional blockholders, dividends, foreign ownership types in determining the effect of …. These findings highlighted the important role of additional blockholders, dividends, foreign ownership types as moderating …
Persistent link: https://www.econbiz.de/10013179590
The objective of this study is to empirically examine the capital structure theories that can explain the capital structure choice made by the firms that are operating in China, India, and South Africa. The study tests the capital structure theories as a stand-alone basis as well as an...
Persistent link: https://www.econbiz.de/10011901881
The capital asset pricing model (CAPM) receives both criticism and widespread adoption by practitioners and academics as the weighted average cost of capital (WACC) equity component. This study introduces two new costs of equity measures to address CAPM criticisms and provide new perspective on...
Persistent link: https://www.econbiz.de/10011597398
assumption that investors expect optimum returns on stock investments through dividends, capital gains, or both. To this end, we … find that mature Indonesian firms pay higher dividends as they are larger and more profitable, with more free cash and … insignificant growth opportunities. Conversely, growing Indonesian firms with significant future opportunities pay lower dividends …
Persistent link: https://www.econbiz.de/10012023394
concentrated ownership. Dividend, leverage, and average cost of capital are inter-linked. However, family firms pay lower dividends …
Persistent link: https://www.econbiz.de/10012023922
We examined the dividend policy and financial performance nexus among listed firms in Ghana, having controlled for firm age, size, capital structure, governance, and financial sector clean-up. We employed the system dynamic general method of moments (GMM) estimation technique with data from 2015...
Persistent link: https://www.econbiz.de/10014500221
reveal that, in Pakistan, dividends are an Outcome of governance practices. As the quality of firm-level governance improves …, shareholders are provided with the legal strength to ultimately force firm managers to pay dividends. Along with the agency problem …
Persistent link: https://www.econbiz.de/10014503002
Within the realm of corporate finance, IPO (refers to the process of offering shares of corporation to the public for the first time) companies in Malaysia received little attention from the academic scholarly works. An important area of inquiry for IPO companies is to investigate the board...
Persistent link: https://www.econbiz.de/10012219701
Relying on a US bank sample, we document the double-edged sword of dividends on the bank's riskiness. Paying dividends …-payers, consistent with the Dividend-Stability Channel. However, among banks that pay dividends, excessive dividends makes them riskier …
Persistent link: https://www.econbiz.de/10013184428
were tested and the results show that the higher the financial lever- age, the lower is the propensity to pay dividends … lead to lower cash flows for Indian firms. Firms with higher liquidity tend to pay more dividends. Profitable firms tend to …
Persistent link: https://www.econbiz.de/10011891228