Showing 1 - 10 of 1,234
This paper attempts to explain the effect of dividend payment and retained earnings on market price of share in the … more than the dividend effect given investment opportunities. A study of Indian evidence shows that their stock market has … Nepal and finds only limited support for it. The results indicate the customary strong dividend and very weak retained …
Persistent link: https://www.econbiz.de/10013159862
Purpose: To investigate (provide empirical testing) the effect of ownership structure on corporate dividend policies by … dividend policies; dividend decision and dividend yield are regressed on two test variables and five control variables. The …) distribute higher levels of dividend. In the transitional period of the emerging market of Egypt, it is found that despite the …
Persistent link: https://www.econbiz.de/10012851252
tax environment and revise their dividend policy to an expected tax increase. We find that firms are likely to initiate … their dividends or intensively increase their existing dividend amount one year before the expected tax increase. In … addition, in 2012 when there is much less uncertainty on dividend tax changes than in 2010, firms are less likely to initiate a …
Persistent link: https://www.econbiz.de/10012993095
greater competitive threats from rival firms in product markets. However, the real effects of dividend policy on product … market outcomes are not widely understood. This paper investigates the causal effects of dividend policy on sales growth in … product markets. Exploiting the 2003 dividend tax cut as the exogenous shock to dividend policy and the cross-firm variation …
Persistent link: https://www.econbiz.de/10012931261
This paper examines the impacts of dividend policy and ownership structure on stock price volatility in the Vietnamese … market. The study also tests for the moderating effect of foreign/state ownership on the dividend policy–price volatility … robust results indicate that dividend yield mitigates stock price volatility in the emerging market of Vietnam. The price …
Persistent link: https://www.econbiz.de/10012849579
The study is aimed at exploring the relationship between dividend payout and capital structure, and to explore the … determinants of dividend policy and capital structure of manufacturing sector of Pakistan. Penal data ranging from 2006 to 2011 of … selected 100 manufacturing firms of Pakistan is used in this study. Dividend policy and capital structure have their own …
Persistent link: https://www.econbiz.de/10012997095
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 … traditional and machine learning techniques. We examine the dividend payout behavior of German issuers, which is considered rather …
Persistent link: https://www.econbiz.de/10012947291
In this paper we try to better understand the adverse consequences of mandatory dividend rules. We identify two main … reasons why firms may pay only the mandatory minimum dividend: financial constraints and private benefits. We also argue that … dividend. Using a sample of publicly traded Brazilian companies and multivariate regressions, we found evidences that firms …
Persistent link: https://www.econbiz.de/10013296863
We scrutinize the impact of dividend policy on stock price volatility by considering the seminal paper of Baskin (1989 …). In this context, we examine the relationship between volatility and three dividend policy indicators, dividend yield …, dividend payout, and stock repurchases, for 1,221 firms in eleven developed and emerging countries in Europe during the 2003 …
Persistent link: https://www.econbiz.de/10013298815
This study analyzes the firm-specific factors affecting the dividend payout decisions of the companies whose shares are …–Bover/Blunder-Bond two-step system generalized method of moments, a statistically significant positive effect on dividend payout was found in … the relationship between the dividend payout of the previous year, the company’s return on equity and the market value …
Persistent link: https://www.econbiz.de/10011963966