This paper straightforwardly discloses how an article written by Taiwanese scholars and published in Applied Economics is ridden with suspicious omissions. This misconduct leads to misinformation being printed in prominent journals as well as mistakenly listing eight medical doctors and three...

A study of the dates of shareholder meetings held in 2008 and 2009 reveals significant clustering. Especially on 13 June 2008, when 585 firms simultaneously held annual shareholders' meetings, accounting for 45.35% of the total market. Consequently, the Financial Supervisory Committee began to...

After 16 years of suspension during the leadership of Steve Jobs, Apple now pays cash dividends. Since the death of Jobs, Apple has distributed twelve quarterly dividends. Of these, cash was paid 7 days after the ex-dividend date on nine occasions, and twice after 8 days. It has been well...

Taiwanese firms must follow strict regulations when implementing repurchase programs. The mean (median) of completion rates is 69.2% (82.7%) for the purpose of cancelling and 68.0% (80.0%) for the purpose of transferring. We try to identify the factors determining the completion rate of a...

We study the payout policy of Taiwanese firms over 2009-2011 and collect payout events of three forms: distributing cash dividends, conducting share repurchases and reducing capital. Due to the dominant role of dividends, we focus on four issues pertaining to dividends. The first issue is on the...

Taiwanese firms sometimes make stock repurchases or reduce capital as alternative forms of paying earnings in place of distributing cash dividends. Yet, distributing dividends is still the dominant payout form. In addition, we find some impressive evidence on Taiwan market. First, both the...

In addition to distributing dividends and repurchasing shares, directly distributing cash to shareholders in order to reduce capital is an alternative form of paying out. A firm can alter its capital structure by repurchasing shares or by reducing capital. This paper employs the approach of...