Showing 1 - 10 of 1,174
Public attention to a firm may provide valuable monitoring, but it may also have a dark side by constraining management’s decisions and distracting it. We use inclusion in the S&P 500 index as a positive shock to public attention. Media coverage, Google searches, SEC downloads, SEC comment...
Persistent link: https://www.econbiz.de/10014254992
Persistent link: https://www.econbiz.de/10012816191
This study investigates the effect of family firm on corporate performance and financial policy (capital structure, cash holding, and cash dividends). Using a sample of Brazilian firms, the study uses a treatment effect model to address self-selection and endogeneity problems. The results show...
Persistent link: https://www.econbiz.de/10012970613
We examine the association between ownership structure and dividend payout policy in a family firms dominated economy …. More specifically, we test whether family firms pay higher dividend compared to counter non-family firms in Bangladesh. We … argue that family firms are more likely to pay higher dividend to display lower agency problems between controlling family …
Persistent link: https://www.econbiz.de/10013289115
In this study, we want to investigate whether having a high dividend yield has a catalyst effect on stock prices during … the COVID-19 turmoil period. 164 manufacturing firms in Borsa Istanbul are classified as firms with high and low dividend … with high dividend yield are less impacted in this COVID-19 crash. Likewise, firms with a high frequency of dividend …
Persistent link: https://www.econbiz.de/10013293359
dividend policy is more pronounced for business group firms, financially mature firms, and firms having lower debt and low …
Persistent link: https://www.econbiz.de/10012827924
This paper provides evidence of the ability of a cash flow-based life cycle proxy, developed by Dickinson (2011), to explain the propensity of firms to pay dividends, which can vastly improve our understanding of the life cycle effect. Our results show that the propensity to pay manifests a...
Persistent link: https://www.econbiz.de/10012848758
This study sought to assess the significance of dividend policy and suggest measures that could enhance its …), the dividend payout ratio was statistically insignificant both in the short-run and long-run periods. This implies that … without the moderating variable, the relationship between the dividend payout ratio and firm performance is a matter of chance …
Persistent link: https://www.econbiz.de/10014237863
Investigating the impact of three types of state ownership on firms' dividend pay-out decisions for the first time …, this study focuses on the differences in dividend pay-out behavior among various state ultimate owners. It has been found … more likely to pay a dividend than the firms controlled by private ultimate owners. Central enterprises are no more likely …
Persistent link: https://www.econbiz.de/10013028187
This paper applies Johansen's vector error-correction model (VECM) to investigate for the existence of the dividend … Granger-causality test. Our findings show that a unit shock increase in dividend payout leads to a permanent increase in … future earnings over time, thus supporting the existence of informational/signaling content in dividend payout in the …
Persistent link: https://www.econbiz.de/10013133468