Showing 1 - 10 of 1,398
) and dividend policy in Poland. Our empirical approach, constructs measures of the quality of the corporate governance for … the TDI or its subindices leads to an increase in the dividend-to-cash-flow ratio. These results support the hypothesis … companies have a higher dividend payout ratio, while riskier and more indebted firms prefer to pay lower dividends. …
Persistent link: https://www.econbiz.de/10010264957
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
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/10010308557
Our study provides evidence on the share price reactions to the announcement of equity issues in Germany, where capital market is characterized by institutional features distinct from the U.S. market. German seasoned equity issues yield a positive market reaction which contrasts to the...
Persistent link: https://www.econbiz.de/10010316306
In this paper, we investigate if dividend policy is influenced by ownership type. Within the dividend literature … expect firms with foreign ownership and those that are listed in overseas markets to have different dividend policies and … these effects exist in corporate dividend policy and practice. We find that both foreign ownership and cross-listing have …
Persistent link: https://www.econbiz.de/10011936939
This paper provides an examination of the ownership structure in Norwegian firms that announced repurchase plans during the period 1999 through 2001, as well as for groups of these firms conditional on whether they actually executed repurchases or not. By using detailed information on various...
Persistent link: https://www.econbiz.de/10012143621
Vergleich zu einer Dividende vorteilhaft auf die Vermögensposition der Aktionäre auswirkt. Die Abschätzung der quantitativen … period. Prior to that point of time stock owners preferred profit distributions by share repurchase instead of a dividend due … examines the wealth of stock owners when a firm distributes earnings by dividend or share repurchase instead. The results …
Persistent link: https://www.econbiz.de/10010314642
Dividende oder in Form eines Aktienrückkaufes ausschüttet, oder diese Mittel alternativ für eine Investition einbehält. Auf der … examined if the corporation pays out free cash in the form of a dividend or share repurchase or alternatively retains the funds …
Persistent link: https://www.econbiz.de/10010314643
The article analyses inter-dependencies between dividend, capital structure, and cost of capital, factoring the … concentrated ownership. Dividend, leverage, and average cost of capital are inter-linked. However, family firms pay lower dividends …
Persistent link: https://www.econbiz.de/10012657517
This study investigates the relationship between institutional ownership and dividend payout behavior of the firm in … institutional ownership nor bank control is statistically significant in determining dividend payouts. These findings are consistent …
Persistent link: https://www.econbiz.de/10010261493