Purpose – The purpose of this paper was to examine the long-run causal relations between share price and dividend in …-run causal relations between share price and dividend. Prior to this, panel unit root tests and panel cointegration tests are … needs to be given due consideration by firms while framing their policies. A change in dividend policy would have an effect …

. Es erweist sich, dass die Divergenz in den Wachstumsraten der USA und der EU seit 1997 fast zur Gänze auf …

Purpose The purpose of this paper is to study the impact of the ownership structure and board governance on dividend … policy in emerging markets. The authors test whether the effects of corporate governance on dividend policy change during …-financial listed firms from East Asian and Gulf Cooperation Council countries. Findings The results provide evidence that dividend …

Purpose This research aims to examine the effect of ownership structure on dividend policy using the Indonesian context …. The most common ownership structure is concentrated in the hand of family owners except in the UK and USA (La Porta et al …, government-controlled and foreign-controlled firms. Design/methodology/approach Samples of this research consist of dividend …

Purpose – This study aims at examining the impact of corporate governance on dividend policy among Indonesian companies …. There are two theories of the effect of corporate governance on dividend policy: substitution and outcome theory …. Substitution theory argue that corporate governance have negative effect on dividend policy, while outcome theory argue that …

Purpose The topic of dividend policies of private family-controlled firms has aroused the interest of corporate finance … family firms remain unanswered. The purpose of this paper is to examine whether a private family firm’s dividend payout is … systems have a positive significant impact on the average level of dividend payout. Practical implications This study may be …

Purpose The purpose of this paper is to examine the relation between Buddhism/Taoism and dividend payout decisions … findings suggest that firms in regions with high influence of Buddhism and Taoism lean toward having high dividend payouts. The … results are robust to a battery of alternative specifications in dividend payout, religiosity measures, research methods and …

dividend payout ratio. Design/methodology/approach First, the authors estimate the propensity of a firm to pay dividend. Next …, the authors perform panel fixed-effect regressions of dividend payouts on institutional ownership stability variables. The … authors also compare institutional ownership between dividend paying and non-dividend paying investee firms. The authors …

dividend payouts. The results are also robust to the three-stage-least squares regressions method. Findings The study is based … dividend payouts. Furthermore, the findings reveal that higher levels of institutional ownership moderates the negative … regulators as it suggests that the institutional investors can influence the dividend payouts in politically connected firms …