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model's predictions, cash-flow volatility changes in the opposite direction from that of dividend changes and larger changes …
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We examined the dividend policy and financial performance nexus among listed firms in Ghana, having controlled for firm … moments (GMM) estimation technique with data from 2015 to 2019. In addition to dividend payout, new proxies of dividend policy … (dividend capacity and free cash flow savings) were employed to ascertain their impact on firm performance in a period filled …
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back on work in industrial organization, we analyze the relationship between profit persistence and expected stock returns …. We show that long-run profit persistence together with other additional economic firm fundamentals have a significant …
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