We investigated the relation between changes in cash dividend payments, non-public tradable shares, and the percentage …

There are two types of stock dividend in the Chinese stock market. This paper examines them in the period of 1997 …-2008. Empirical findings indicate that the stock dividend effect appears twice. The average abnormal return is 0.88% on the stock … dividend proposal date and 0.35% on the stock dividend declaration date. Both these findings are significant. There is an …

There are two types of stock dividend in the Chinese stock market. This paper examines them in the period of 1997 …-2008. Empirical findings indicate that the stock dividend effect appears twice. The average abnormal return is 0.88% on the stock … dividend proposal date and 0.35% on the stock dividend declaration date. Both these findings are significant. There is an …

The paper attempts to study the insufficiency of corporate dividend payout in China from the perspective of financial …

Departing from the traditional cash flow rights-dividend policy framework, this study investigates whether the level of … their cash dividend policy. We find that the level of control rights is positively associated with both the propensity to … pay and the level of cash dividend payout, which indicates that the ultimate controlling shareholders are likely to use …

market. We find that dividend paying stocks exhibit significantly positive abnormal returns while non-dividend paying stocks … and the combined dividends are the main drivers of this announcement effect. In contrast, pure cash dividend stocks …

This paper investigates the relationship between mutual funds' holdings and listed firms' dividend policies in China … dividend rates. This maybe due to that a large stock dividend payment will have a negative impact on some key financial ratios …

financing to show a history of dividend payment. Using a sample of listed Chinese firms, we investigate the likelihood of paying … dividends, different forms of dividends and market reactions to various dividend announcements. We find that profitable, low … to investor demands in setting dividend policy; hence firms with a large proportion of non-tradable shares are more …

This study investigates the impact of ownership structure on dividend policies of listed companies in the Shanghai … decreases when institutions hold more shares. It is also found that the magnitude of dividend payouts has a positive …

Why do firms pay dividends? This is a question which has long interested researchers, particularly since the dividend … and this seems to be important to investors.Research suggests that dividend policies vary by country and by firm type but … current international evidence in order to develop predictions relating to the dividend decisions (and investor responses) of …