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dividend payments alone. The paper also examines the role that repurchases played in large BHCs' decisions to reduce or …-crisis repurchases and the size of dividend reductions for these institutions. …
Persistent link: https://www.econbiz.de/10010393223
We investigate the dividend policies of firms in the United Kingdom to understand whether firms in different markets …
Persistent link: https://www.econbiz.de/10012816672
We examine the economic benefits of paying dividends. We find that dividend payments mitigate stock price crash risk …. In addition, we show that dividend payments reduce bad news hoarding (overinvestment) while bad news hoarding … enhancing earnings quality (e.g., Skinner and Soltes, 2011) by adding that dividend payments generate economic benefits in the …
Persistent link: https://www.econbiz.de/10012852812
, we find that family control is negatively related to the dividend payout ratio. Family firms are less (more) likely to … increase (omit) dividends than non-family firms. These negative associations between family firms and dividend policy are more …
Persistent link: https://www.econbiz.de/10012856800
dividend payments alone. The paper also examines the role that repurchases played in large BHCs' decisions to reduce or …-crisis repurchases and the size of dividend reductions for these institutions …
Persistent link: https://www.econbiz.de/10013055653
We examine how changes in dividend policy in 2008 as the financial crisis was unfolding influenced firm risk … these firms into four groups based on their dividend policy in 2008. We find that firms that decreased or eliminated …
Persistent link: https://www.econbiz.de/10013043240
We examine how changes in dividend policy in 2008 as the financial crisis was unfolding influenced firm risk … these firms into four groups based on their dividend policy in 2008. We find that firms that decreased or eliminated …
Persistent link: https://www.econbiz.de/10012930819
We compare the payout policies of US industrials and banks over the past 30 years to better understand dividends, especially for banks. For industrials, dividends grow strongly after 2002, when the declining propensity to pay reverses. Banks have a higher and more stable propensity to pay...
Persistent link: https://www.econbiz.de/10013037371
The present study explores the relationship between dividend policy and firm value with respect to financial crisis … regression with two-step system Generalised Method of Moments (GMM) is applied. The findings show that dividend policy does not … affect firm value definitely. However, the study observes that financial crisis impacted the relationship between dividend …
Persistent link: https://www.econbiz.de/10013242962
We study the dividend payouts of U.S. banks during the 2008 financial crisis. Using a difference … the rollover crisis that took place in 2008, increased their dividend payouts relative to less exposed banks. This … relative increase in dividend payouts is concentrated in relatively cash-rich banks. The dividend payout increase was …
Persistent link: https://www.econbiz.de/10013440417