Goyal, Abhinav; Muckley, Cal - Geary Institute, University College Dublin - 2011
This paper examines cash dividends and share repurchases in Japan - discerning between keiretsu and non … United States, share repurchases in Japan have grown strikingly across firm groupings even relative to cash dividends which … have also increased. Unlike in the United States, cash dividends remain the dominant form of payout across the groupings of …