This paper studies the impact of the concentration of control, the type of controlling shareholder and the dividend tax … preference of the controlling shareholder on dividend policy for a panel of 220 German firms over 1984-2005. While the … concentration of control does not have an effect on the dividend payout, there is strong evidence that the type of controlling …

-specific determinants of dividend payout probabilities. Only the largest shareholders with equity stakes that are either between 25% and 50 …Numerous studies analyze the impact of ownership concentration and shareholder identity on dividend payout … dividend payments. Because the importance of those proxies varies with the classification techniques applied, we use both …

This paper studies the impact of the concentration of control, the type of controlling shareholder and the dividend tax … preference of the controlling shareholder on dividend policy for a panel of 220 German firms over 1984-2005. In line with the … agency model, we find a negative relation between family control and dividend payouts at low and high levels of control. We …

This paper studies the payout policy of Italian firms controlled by large majority shareholders (controlled firms). The … controlling shareholders have strong incentives to expropriate minority shareholders, tend to prefer dividends over repurchases …

strengths of the agency conflicts faced by their shareholders and creditors. We show that dividend policy depends on the …Using data on listed banks in 51 countries, we analyze whether banks' dividend payouts are influenced by the relative …

strengths of the agency conflicts faced by their shareholders and creditors. We show that dividend policy depends on the …Using data on listed bankes in 51 countries, we analyze whether banks' dividend payouts are influenced by the relative …

indicate that nonfinancial firms as large shareholders increase dividend payout which leads to the reduction of free cash flow …The paper analyzes whether nonfinancial firms as large blockholders of the Brazilian firm shape dividend policy. Under … predicted by the Managerial Power Hypothesis. In this context, the Management Monitoring Hypothesis proposes that dividend …

winning majority support of shareholders influences the relation between a blockholder's monitoring incentive and a firm …'s dividend policy. When dividend-averse individuals collectively hold a majority stake in a dispersed ownership structure, a … dividend-seeking blockholder might be compelled to propose lower dividends than the tax-optimum to dominate the zero-dividend …

understand the importance of ownership structure and how it affects firms’ dividend payout policy that serves shareholders …We examine the association between ownership structure and dividend payout policy in a family firms dominated economy …. More specifically, we test whether family firms pay higher dividend compared to counter non-family firms in Bangladesh. We …

This paper studies the impact of the concentration of control, the type of controlling shareholder and the dividend tax … preference of the controlling shareholder on dividend policy for a panel of 220 German firms over 1984-2005. While the … concentration of control does not have an effect on the dividend payout, there is strong evidence that the type of controlling …