following the adoption of incentive regulation, they adopt a dividend policy more responsive to earnings variability and more ….e. state control) trumps regulation when it comes to dividend payout policy …We study the impact of different regulatory and ownership regimes on the dividend policy of regulated firms. Using a …

bank’s cash holdings and can signal the bank’s type through its dividend policy. Banks that will be adversely affected by … unaffected banks can credibly signal via a more aggressive payout strategy. Dividend payout restrictions have the potential to …

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 (1986) view, the paper presents a theoretical model that shows - dividend payout addresses …