, we find that family control is negatively related to the dividend payout ratio. Family firms are less (more) likely to … increase (omit) dividends than non-family firms. These negative associations between family firms and dividend policy are more …

(noncontrolling shareholders) and bank creditors (e.g. depositors or debt-holders) on bank dividend payout policies using a panel data … to examine the impact of legal protection of shareholders and creditors on bank dividend payout amounts. And, logit panel … countries, and banks do not substitute weak creditor rights with lower dividend payout amounts. Contrary, the authors support …

corporate governance in determining corporate dividend policy. We find that, while all three variables play a significant role … in determining both the likelihood and the dividend amount, the effect of country-level creditor rights dominate. In … shareholders, exert the greatest influence over corporate dividend policy …

We investigate dividend smoothing behaviors of approximately 6,000 firms from 28 countries. The data find a wide … variation in the extent of dividend smoothing across countries, while US firms smooth dividends the most. Firms with a … concentrated ownership structure adjust their dividends quickly, especially when the target dividend level is lower than dividends …

We investigate the dividend smoothing behavior of firms using a large sample of firms covering 28 countries. Our … results show that the levels of dividend smoothing in the firms vary substantially across countries. This finding confirms and … extends the findings of previous research that the dividend policy of the U.S. firms differs materially from the dividend …

This paper explores the relationship between employee rights and dividend policy across countries. Using labor right … index as a proxy for agency costs of employees, we test the association between labor rights and dividend policies across … dividend payment amounts. This relationship is reinforced to be more salient in civil countries where shareholder rights are …

This paper explores the relationship between employee rights and dividend policy across countries. Using labor right … index as a proxy for agency costs of employees, we test the association between labor rights and dividend policies across … dividend payment amounts. This relationship is reinforced to be more salient in civil countries where shareholder rights are …