they provide users of accounts with additional insight into a firm's dividends beyond that conveyed by cash flows alone … and accruals to explain dividends. Findings – It is found that both cash flows and accruals (earnings) possess significant … explanatory power for dividends indicating that, on average, UK financial statements provide users with improved insight beyond …

taxation on dividends (dividend tax capitalisation). Despite an extensive theoretical and empirical literature controversy … dividends and firms’ cost of capital. Research limitations/implications - The analysis focuses on share prices and is therefore … implications – The taxation of dividends is an important issue because of the potential for it to influence firms’ cost of capital …

asymmetry and dividends propensity. It seeks to investigate the impact of the number of analysts following firms, a proxy for … information asymmetry, on dividends propensity. Design/methodology/approach – Using a 282 UK FTSE-All Share non … dividends and analysts following. Findings – The paper finds that after controlling for firm-specific characteristics, there is …

of directors. Originality/value – The results suggest that firms pay lower dividends when higher number of outside … with weak corporate governance need to establish a reputation by paying dividends. In other words, dividends substitute for …

they provide users of accounts with additional insight into a firm's dividends beyond that conveyed by cash flows alone … and accruals to explain dividends. Findings – It is found that both cash flows and accruals (earnings) possess significant … explanatory power for dividends indicating that, on average, UK financial statements provide users with improved insight beyond …

asymmetry and dividends propensity. It seeks to investigate the impact of the number of analysts following firms, a proxy for … information asymmetry, on dividends propensity. Design/methodology/approach – Using a 282 UK FTSE‐All Share non … dividends and analysts following. Findings – The paper finds that after controlling for firm‐specific characteristics, there is …

taxation on dividends (dividend tax capitalisation). Despite an extensive theoretical and empirical literature controversy … dividends and firms’ cost of capital. Research limitations/implications – The analysis focuses on share prices and is therefore … implications – The taxation of dividends is an important issue because of the potential for it to influence firms’ cost of capital …