This study examines the dividend payout determinants of travel and leisure companies in five Western European countries that are ranked among the world's top 10 tourist destinations, namely, France, Spain, Italy, Germany, and the United Kingdom. The study analyzes the sector and carries out a...

This study specifically investigates the impact of economic policy uncertainty (EPU) on travel and leisure (TL) companies’ debt holdings policy. To the best of our knowledge, there is a momentous gap in exclusively conducting the impact of EPU on the debt holdings policy behavior of Western...