Jory, Surendranath R.; Ngo, Thanh; Sakaki, Hamid - In: Managerial Finance 43 (2017) 10, pp. 1170-1188
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 …