Corporate managers are actively engaged to take business and financial decisions which results in long term value to their shareholders. Managers pursue this goal through their investment, financing and dividend decisions. Dividend policy refers to the payout the management decides to compensate...

This study considers the impact of macro-institutional environments, and alterations in such environments, on organizational level behavior and performance. Specifically, it examines the relationship between firm age and growth for a large sample of Indian firms. Firms are classified as falling...

This study considers the impact of macro-institutional environments, and alterations in such environments, on organizational level behavior and performance. Specifically, it examines the relationship between firm age and growth for a large sample of Indian firms. Firms are classified as falling...

We attempt to quantify economic reforms process in India during the period 1960 – 2006 in seven key areas viz., international finance, domestic finance, fiscal, trade and commerce, business regulations, public sector and social sector. Apart from aggregate measure of economic reforms, we also...

This article hypothesizes that economic reforms become sustainable when the discursive conditions prevailing in society tip against the existing paradigm under exceptional circumstances. Thus, unless the pro-liberalization constituencies dominate the development discourse, economic reforms,...

This field research study uses the responses from 2008 mail survey, conducted for private sector enterprises in India, to examine the managerial opinion about stock dividend (bonus shares) and the motives for issuing them. The sample consists of 544 firms that issued stock dividend during the...

Through a temporal-spatial analysis over 1971 through 2007 for India, we attempt to study what kind of firms omit cash dividend, and how the cash dividend payers and non-payers over the size and sign of earnings heterogeneity differ in respect of their different financial characteristics and...

Purpose: The purpose of the study is to analyze motivation behind payment of cash dividend by the firms in India in presence of tax provision that discourages payment of dividend by imposing tax on firms at the time of distribution.Design/methodology/approach First, consistent with Jensen's...

In this article, we investigate the possible association between the firm's ownership structure and dividend policy and whether the corporate governance (CG) practices adopted by the firm have any impact on dividend policy. In India the presence of family-run firms, with concentrated ownership,...

In this paper, we investigate the possible association between the firm's ownership structure and dividend policy and whether the corporate governance practices adopted by the firm have any impact on dividend policy. In India the presence of family run firms, with concentrated ownership, is a...