Showing 1 - 10 of 34
Persistent link: https://www.econbiz.de/10003839241
This paper studies the impact of the concentration of control, the type of controlling shareholder and the dividend tax … preference of the controlling shareholder on dividend policy for a panel of 220 German firms over 1984-2005. While the … concentration of control does not have an effect on the dividend payout, there is strong evidence that the type of controlling …
Persistent link: https://www.econbiz.de/10009248245
This paper studies the impact of the concentration of control, the type of controlling shareholder and the dividend tax … preference of the controlling shareholder on dividend policy for a panel of 220 German firms over 1984-2005. While the … concentration of control does not have an effect on the dividend payout, there is strong evidence that the type of controlling …
Persistent link: https://www.econbiz.de/10009616339
, as compared to their conservative counterparts, pay less attention to shareholders and this is reflected in dividend … dividend payouts. In contrast, conservative CEOs pay more dividends, even if this requires redundancies …
Persistent link: https://www.econbiz.de/10012843632
contrast, other CEOs should be less likely to meet dividend expectations and less likely to downsize. We find confirmation of … this hypothesis. We also find that CEOs used the dividend forecasts for 2020 as their benchmark rather than the 2019 … dividends to make their dividend decision. …
Persistent link: https://www.econbiz.de/10012815080
We examine how firms' dividend policy affects the initial compensation of their newly appointed CEOs. We focus on newly … by compensation research. We show that the dividend payout is positively related to new CEO compensation. Further, the … positive effect of dividends is stronger for firms with no dividend cuts over the past two, three and four years, firms with …
Persistent link: https://www.econbiz.de/10012871384
This paper studies the impact of the concentration of control, the type of controlling shareholder and the dividend tax … preference of the controlling shareholder on dividend policy for a panel of 220 German firms over 1984-2005. In line with the … agency model, we find a negative relation between family control and dividend payouts at low and high levels of control. We …
Persistent link: https://www.econbiz.de/10012940328
This paper investigates whether female independent directors are more likely to impose high dividend payouts. We find … evidence that firms with a larger fraction of female directors on their board have greater dividend payouts. This finding is … robust to alternative econometric specifications, and alternative measures of dividend payouts. The positive effect of gender …
Persistent link: https://www.econbiz.de/10012967862
pandemic. We hypothesize that conservative CEOs are more likely to downsize their workforce while meeting dividend expectations …. Conversely, other CEOs should be less likely to meet dividend expectations and less likely to downsize. The evidence supports … enables them meet dividend expectations. Importantly, CEOs used the dividend forecasts for 2020 as their benchmark rather than …
Persistent link: https://www.econbiz.de/10014361502
This paper studies the impact of the concentration of control, the type of controlling shareholder and the dividend tax … preference of the controlling shareholder on dividend policy for a panel of 220 German firms over 1984-2005. While the … concentration of control does not have an effect on the dividend payout, there is strong evidence that the type of controlling …
Persistent link: https://www.econbiz.de/10010291127