This paper revisits demographic dividend issues after almost 2 decades of debate. In 1998, David Bloom and I used a … has come to call the “demographic dividend.” These early estimates seem to be similar to those coming from more recent … overlapping generation models, when properly estimated. Research has shown that the demographic dividend is not simply a labor …

The article analyses inter-dependencies between dividend, capital structure, and cost of capital, factoring the … concentrated ownership. Dividend, leverage, and average cost of capital are inter-linked. However, family firms pay lower dividends …