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robust to alternative econometric specifications, and alternative measures of dividend payouts. The positive effect of gender … potential endogeneity concerns. Furthermore, we find that board gender composition significantly increases dividends only for …
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This paper examines the conditions under which CEOs are able to affect the timing and the price of the stock options they are granted at the time of their firm's IPO. Contrary to Lowry and Murphy (2007) who do not find a relationship between IPO grants and IPO underpricing, this paper finds such...
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