Showing 1 - 10 of 5,095
Corporate Governance relates to mechanisms through which providers of resources to the firm get their share of resources in return. Adequate governance practices help develop capital markets and assist market forces in attaining efficient contracts. Convincing evidence exists that well developed...
Persistent link: https://www.econbiz.de/10005813742
Indian corporate firms over the period 1994-2000. We explain the differences in the dividend payout behavior of the firms … with the help of firm’s financial structure, investments opportunities, dividend history, earnings trend, and the ownership …
Persistent link: https://www.econbiz.de/10005413214
Owners-managers of closely held firms effectively decide on the level of their own compensation. We test the relationship between ownership concentration and executive compensation, using panel data for a sample of 412 Hong Kong firms during 1995-1998. We find a positive relationship between...
Persistent link: https://www.econbiz.de/10005558141
's dividend policy. When dividend-averse individuals collectively hold a majority stake in a dispersed ownership structure, a … dividend-seeking blockholder might be compelled to propose lower dividends than the tax-optimum to dominate the zero-dividend …
Persistent link: https://www.econbiz.de/10011190852
Indian corporate firms over the period 1994–2000. We explain the differences in the dividend payout behaviour of the firms … with the help of firms' financial structure, investment opportunities, dividend history, earnings trend and the ownership … its squares. We find no evidence in favour of an association between foreign ownership and dividend payout growth. …
Persistent link: https://www.econbiz.de/10011137909
The paper examines the payout policy of UK firms listed on the London Stock Exchange during the 1990s.We complement the existing payout literature studies by analyzing jointly the trends in dividends and share repurchases.Unlike in the US, we find that, in the UK, firms do not demonstrate a...
Persistent link: https://www.econbiz.de/10011092560
(VF)L’objectif de cette étude est d’analyser la relation entre les politiques de distribution des entreprises familiales cotées et deux grands types de conflits d’agence dans les entreprises familiales, entre actionnaires et dirigeant (type I), et entre actionnaires majoritaires et...
Persistent link: https://www.econbiz.de/10010585947
This research aims to test dividend signaling theory in an Indonesian capital market. Signaling theory states that … dividend policy has information content that can influence to share price. Examination of theory of signaling is related to … research phenomena in other countries indicating that by percentage there is degradation of company which is pay dividend and …
Persistent link: https://www.econbiz.de/10008685512
The study demonstrates that much of the existing theoretical literature on dividend policy can be applied to the … study finds similarities in the determinants of dividend policy in African firms with those in most developed economies. In … particular, agency costs are found to be the most dominant determinant of dividend policy among African firms. The finding is non …
Persistent link: https://www.econbiz.de/10010858007
corporate governance in determining corporate dividend policy. We find that, while all three variables play a significant role … in determining both the likelihood and the dividend amount, the effect of country-level creditor rights dominate. In … shareholders, exert the greatest influence over corporate dividend policy. …
Persistent link: https://www.econbiz.de/10010954109