Rodrigues, Ricardo; Felício, J. Augusto; Matos, Pedro Verga - In: Journal of risk and financial management : JRFM 13 (2020) 8/162, pp. 1-15
been addressed despite the importance of dividends for shareholders and the implications on the free cash-flow, whose … application may be a source of conflicts between managers and shareholders. In this paper, we study the influence of a set of … the importance of governance mechanisms toward the protection of shareholders’ interests, and reveal that the decisions on …