dividend as long as capital gains are not heavily discriminated by taxation in relation to dividends. The positive price effect … of dividends can be enhanced if the firm implements a dividend reinvestment plan (DRIP). … effects considered in signaling games. We show that paying out free cash flow, either as a dividend or via repurchasing shares …

listed on the Warsaw Stock Exchange that paid dividends over the 2001-12 period and compares the findings to survey reports … foreign investors. The study expands on the existing survey research on dividends and provides new evidence from managers of …This study compares firms' dividend policy antecedents in four countries. The author surveys managers of 230 companies …

Study aims to check the impact of financial crisis on the dividend payout policy by using the life cycle variables. To … check this relationship, logit model is used to predict the probability to pay the dividend. Sample selected of 285 … relationship for the period of 2001 to 2011. Results are analyzed through SSPS which shows that dividend has been changed …

Previous researches identified certain micro-level characteristics of the company as important determinants of dividend … level company choose. However, significant differences were noticed in the sensitivity of dividend size on same factors … among different countries. This paper empirically examines determinants of the dividend size of Croatian companies. The …

dividend smoothing phenomenon is virtually non-existent. On the other hand, when companies decide to pay dividends they, on …This paper provides insight in dividend policy of publicly listed companies in Bosnia and Herzegovina and investigates … appearance of dividend smoothing behavior. The results show increase in portion of dividend paying companies over time while …

the value of broad-based market indices and their dividends. We also show that this relationship is consistent with …

bubbles occur pay dividends after each trading day. In this paper we study whether bubbles can occur in markets without … dividends. We investigate the role of two features that are present in real markets. (1) The mere possibility that some traders … without dividends. Surprisingly, communication turns out to be counterproductive for bubble formation, whereas the possibility …

2005 dividend tax increase via changes in their dividend and investment policies. The Finnish capital and corporate income … tax treatment of different types of firms. The estimation results reveal that those firms that anticipated a dividend tax … hike increased their dividend payouts by 10-50 per cent. This increase was not accompanied by a reduction in investment …

There is a lack of clear evidence of the ways in which dividend taxation affects dividend distributions and investment … Finnish dividend tax increase of 2005. This reform creates a useful opportunity to measure enterprise behaviour, since it …-in-differences estimation and matching methods, indicate that dividends declined somewhat in closely held corporations that faced a tax increase …