The aim of this paper is to analyse the influence of a company's level of earnings and growth opportunities in … Bursa Malaysia Index over a period of six years, from 1990 to 1996. The evidence suggests that the payers are more … significant determinant for firm's dividend policy choice in Malaysia. This is consistent with the supposition that profitable …

The aim of this paper is to analyse the influence of a company's level of earnings and growth opportunities in … Bursa Malaysia Index over a period of six years, from 1990 to 1996. The evidence suggests that the payers are more …'s dividend policy choice in Malaysia. This is consistent with the supposition that profitable firms are more likely to pay …

.e., overinvestment theory). Second, we find that dividends play a disciplinary role in firms with fewer growth opportunities by reducing …

relationship between dividends, corporate earnings, real growth and inflation in the USA by applying cointegration techniques. In … dividends. Research limitations/implications – The most important finding of this paper is the indication of a positive … to their investors. On the other hand, inflation may simply increase the nominal value of corporate earnings and …

dividends. This stability of dividends does not support the predictions suggested by the high bank leverage, absence of taxes … environment where firms distribute almost 100 percent of their profits in dividends, firms are highly levered mainly through bank … loans, there are no taxes on dividends and capital gains, and there is variability in cash dividend payments. These factors …

Purpose – The purpose of this paper is to examine whether voluntary disclosure and dividends signal future earnings for … disclosure and increased dividends to investors for firms that suffer an earnings decline after a sustained period of annual … with prior research, it is found that increasing dividends does not convey value relevant information about future earnings …

motivate high quality managers to retain and invest firm earnings, while low quality managers are motivated to distribute …, the results show that, ceteris paribus, earnings retention (dividend payout) is positively (negatively) associated with … executive compensation. These results hold when payout is defined as common dividends plus common share repurchases. Research …

and accruals to explain dividends. Findings – It is found that both cash flows and accruals (earnings) possess significant … reports the first direct test of the link between disaggregated earnings components and UK dividends. … they provide users of accounts with additional insight into a firm's dividends beyond that conveyed by cash flows alone …

announcements on a sequential sample of announcements of earnings and dividends from U.S. firms. The empirical results support the … indicates significant information content for unexpected revenue after controlling for unexpected earnings and dividends. …This paper investigates the relative strengths of complementary and substitution effects between earnings and dividend …