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) 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
on unlisted companies is included. The dividend policy of Japanese companies, awareness of corporate governance, funding …
Persistent link: https://www.econbiz.de/10010332431
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
Based on agency theory, we focused on the influence of corporate governance in the dividend policy of large listed … on the performance and risk of listed firms, but the influence of corporate governance on the dividend policy has rarely … governance mechanisms on the dividend policy over 12 years (2002 to 2013). The results, based on a panel data analysis, support …
Persistent link: https://www.econbiz.de/10012611410
Persistent link: https://www.econbiz.de/10011696605
This paper provides empirical evidence consistent with the facts that (1) social networks may strongly affect board composition and (2) social networks may be detrimental to corporate governance. Our empirical investigation relies on a unique dataset on executives and outside directors of...
Persistent link: https://www.econbiz.de/10010267612
The paper examines whether and how the increasing internationalisation of firms impacts on the operation of a co-ordinated market economy. Following the tenets of agency theory it assumes that an emerging market for corporate control changes the monitoring mechanisms that oversee management....
Persistent link: https://www.econbiz.de/10010303875
Basierend auf einem neuen, die deutschen Prime-Standard-Unternehmen für die Jahre 2005 bis 2007 umfassenden Datensatz untersuchen wir die Determinanten der Höhe der Vorstandsvergütung. Dabei unterscheiden wir drei Kategorien möglicher Einflussfaktoren: Unternehmens-, Performance- und...
Persistent link: https://www.econbiz.de/10010305722
for the years 1997-2000. Our findings are that performance, measured by survey-based profit information, is increasing in …
Persistent link: https://www.econbiz.de/10010297809