empirical practice of omitting dividend growth from the system amounts to imposing the extra restriction that dividend growth is … not persistent. We highlight that persistence in dividend growth induces a previously overlooked channel for return … predictability, which we label "dividend momentum." Compared to estimation based on ordinary least squares, our restricted …

classifying the data. The authors use this approach to partition a matched sample of stocks. One group offers dividend … best candidates either to adopt a dividend reinvestment plan (if they have none) or to abandon one (if they currently offer …

This paper presents a conceptual framework for explaining credit union (CU) loan delinquency and profitability in …

Long-run differentials in interindustrial profitability are relevant for several areas of theoretical and applied …

as disintermediation, internationalization and privatization, on the profitability of banks. Several proxies based on …) and higher market concentration in the banking sector had a positive effect on bank profitability, while, surprisingly …

profitability of the merged entity and to stand-alone profits, and we investigate the extent to which this private information makes …

/after design of the natural experiment approach to investigate the treatment effect of the EU ETS on the profitability of a sample … 2006. The sub-sample analysis suggests that profitability of under-cap and over-cap firms were affected differently by the …

In this paper operational risk are considered from a purely business or profitability point of view. We show for … quantifiable operational risk that the three basic figures for profitability management - value, costs and risks - can be modelled … such that an integrative point of view on profitability on the value chain is possible. We then specify the general dynamic …