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 …

This paper examines whether dividend policy is associated with earnings management and whether the relationship varies …,429 corporations from 29 countries, we show that dividend payers manage earnings less than dividend non-payers, and that this evidence … is stronger in countries with weak investor protection and high opacity. Further, we find that dividend payers manage …

We examine the effect of increased regulatory enforcement threat on the dividend policies of foreign firms listed in US … significantly increase their dividend payouts after their home countries sign the MMoU, relative to their home country peers and … matched US counterparts. The increase in dividend payouts is greater if foreign firms are from countries with weak governance …

of both slight recovery and persisting uncertainty. Results about the dividend yield confirm the hypotheses whilst the …

We test the impact of taxes and governance systems on dividend payouts across countries. We show that, unlike previous …

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 study a model that relates dividend payout policy to behavioral issues based on the ideas of mental accounting. A … dividend policy, while previous empirical studies could tackle this issue only indirectly. With several robustness tests we …

This study examines whether dividend payout, an internal corporate governance mechanism, is a substitute or an outcome … alternative measures of dividend payout, industry definition, and shareholder protection …