Sidhu, Anureet Virk; Jain, Pooja; Singh, Satyendra Pratap; … - In: Journal of Risk and Financial Management 16 (2023) 2, pp. 1-13
The present study primarily examines the impact of financial distress (FD) on the dividend policy of 33 banks working … revealed that financial distress is non-linearly associated with the dividend policy of banks in an inverted U-shape. In the … initial phase of a distressing situation, banks tend to have a liberal dividend policy. However, after reaching the pressure …