Hoang, Edward C.; Hoxha, Indrit - In: Journal of Financial Economic Policy 7 (2015) 4, pp. 290-300
financing decisions, such as debt and investment, of firms. Design/methodology/approach – Using panel regressions based on … total payouts to changes in the firm’s net income, debt and investment. Furthermore, we present several tests to demonstrate …. The focus of this paper is the response of total payouts to investment policy, debt financing policy and changes in cash …