. Finally, compared to repurchases, we find dividends are more likely to be the sole method of payout in high protection …

Dividend signaling models suggest that dividends are used to convey information about future earnings to investors … level unionization, I found that the power of dividends as predictors of future earnings tends to be higher for non …

subject to incentive regulation smooth their dividends less than firms subject to cost plus regulation but also present higher … competition-like efficiency pressures following the adoption of incentive regulation, they are more inclined to cut dividends when …

In the present paper we analyse the role of dividends distributed by firms and banks, highlighting the effects of their … under alternative settings. On the one hand, more distributed dividends increases agents’ wealth and thus consumption may … rise due to a wealth-effect. On the other hand, increasing dividends reduce firms’ net worth that may result in a strong …

oft-reported positive relation between senior citizens and the use of dividends, our results indicate that senior citizens … are either indifferent between dividends and repurchases or demand dividends and have no influence over firm policy. The …