Dragotă, Victor; Pele, Daniel Traian; Yaseen, Hanaan - In: Economics: The Open-Access, Open-Assessment E-Journal 13 (2019) 2019-45, pp. 1-35
Dividend policy is still a largely discussed issue in corporate finance literature. One of the main indicators used in analysing the dividend policy is the dividend payout ratio. Using a database consisting of 12,085 companies operating in 73 countries, for the period 2008-2014, the authors...
