Showing 1 - 10 of 9,985
Persistent link: https://www.econbiz.de/10014463520
We examine how product market competition and financing constraints influence firm payout policy. Using Compustat firms for the period 1996 to 2017, we show that competition decreases firms' propensity to make payouts via dividends more if the firm is financially constrained. These results are...
Persistent link: https://www.econbiz.de/10012839724
Persistent link: https://www.econbiz.de/10012589456
This paper attempts to assemble evidence for the relationship between the product and the financial market. Drawing 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...
Persistent link: https://www.econbiz.de/10010210263
Persistent link: https://www.econbiz.de/10014534888
The paper analysis the effect of the proposal “Convertible/ Bail-inable Dividend Bonds“ (Doluca, 2023) on inefficient … risk-taking behavior of a bank that is acting in a Monopoly. The approach “Convertible/Bail-inable Dividend Bonds “propose … given to the supervisory authority, which issues “Convertible/ bail-inable dividend bonds“ and gives these bonds to the …
Persistent link: https://www.econbiz.de/10014353106
Research Question/Issue: La Porta et al. (2000) examine the impact of corporate governance on dividend policies by … between managers and shareholders, thereby affecting dividend payout?Research Findings/Insights: We examine the effects of … affecting corporate dividend policy.Theoretical/Academic Implications: Our questions are motivated by the existing empirical …
Persistent link: https://www.econbiz.de/10014256433
Persistent link: https://www.econbiz.de/10014552756
Persistent link: https://www.econbiz.de/10013552700
neither. We show that two types of signalling equilibria are possible. Both are characterised by dispersion and Pareto …
Persistent link: https://www.econbiz.de/10011376636