This paper is motivated from previous work in the area of bank interest rate and dividend policy, and we went further … to figure out whether there is any association between interest rate changes and the stock market's reaction to dividend … savings interest rate and dividend increase stock market react positively and our result show that stock market react …

This study examines the regulatory hypothesis for bank dividend payouts using a panel dataset of 229 Italian banks over … and pay lower amount of dividends. Results also suggest that dividend payer banks try to maintain dividends at previous … dividend payers are also applicable to banks. That is, big-in-size, more profitable and low growth Italian banks pay higher …

The objective of the paper is to analyse capital adequacy, dividend policy and new share issues of Italian banks in the … comprehensive way. Particular attention is paid to dividend policy for two reasons: on the one hand, in hindsight, dividend policy …. The proposed mechanism is based on capital distribution constraints (i.e. no dividend payments) when capital levels fall …