This paper analyzes the dividend payout by Romanian companies listed on the Bucharest Stock Exchange in connection with … follow two reasons in deciding the dividend payout: to allocate more for investments, or to increase the dividend ratio. Each … paper found no significant correlation between the dividend policy and the corporate tax burden. However, the dividend …

, the analysis of dividend adjustments indicates that firms with concentrated ownership are less likely to increase … dividend policy to remove excess cash and impose greater financial discipline. Instead, the results highlight the diverging …

Using data on listed banks in 51 countries, we analyze whether banks' dividend payouts are influenced by the relative … strengths of the agency conflicts faced by their shareholders and creditors. We show that dividend policy depends on the …

Using data on listed bankes in 51 countries, we analyze whether banks' dividend payouts are influenced by the relative … strengths of the agency conflicts faced by their shareholders and creditors. We show that dividend policy depends on the …

This study addresses the debate over the relation between institutional ownership and dividend payout through the lens … conditioning on firms' financial performance, they will use dividend payout to mitigate the firms' agency problems. We find the … ownership and dividend payout ratio; (2) the positive relation is more salient when the firm has high agency costs; and (3) the …

We examine the association between ownership structure and dividend payout policy in a family firms dominated economy …. More specifically, we test whether family firms pay higher dividend compared to counter non-family firms in Bangladesh. We … argue that family firms are more likely to pay higher dividend to display lower agency problems between controlling family …

's dividend policy. When dividend-averse individuals collectively hold a majority stake in a dispersed ownership structure, a … dividend-seeking blockholder might be compelled to propose lower dividends than the tax-optimum to dominate the zero-dividend …

hypothesis better explains firms' dividend policy. Investors value more the cash dividends of firms with fewer investment …

in favor of agency considerations. Studies centered on the May 2003 dividend tax cut confirm that differences in the …

We compare cross-sectional variation of dividend yields of companies across 32 countries. Beyond the impact of firm …-specific accounting and financial variables, this study investigates how the variations in country level variables affect dividend payout … transparency and liquidity. We find that dividend yields are higher when diverse shareholder demands are strong, extents of …