Showing 1 - 10 of 431
Reviews previous research on dividend policy, most of which is US‐based, and presents a worldwide study of the relationship between dividend payout, agency costs, market risk and investment opportunities. Finds that the dividend payout ratio is significantly negatively related to institutional...
Persistent link: https://www.econbiz.de/10014940379
Reviews previous research on the relationship between ownership structure, debt structure and dividend policy within the context of agency theory, which has usually excluded regulated firms from the samples. Explores the links between insider holdings, dividends and debt using 1994‐1997 data...
Persistent link: https://www.econbiz.de/10014940381
This paper examines how management approaches to employee stock ownership plan (ESOP) implementation affects such employee work‐related attitudes as job satisfaction, ESOP satisfaction, and job involvement. Structural‐equation modeling assesses the responses of 321 airline pilots who were...
Persistent link: https://www.econbiz.de/10014973770
Private companies go public for a variety of reasons. Whatever the motive, shareholders and directors should have a clear understanding of the implications and responsibilities arising from this change of status. The author examines every aspect of public company status and presents an analysis...
Persistent link: https://www.econbiz.de/10014933382
Purpose – This paper investigates whether the effect of unemployment benefits (UB) on unemployment duration is the same for individuals belonging to different wealth groups. Design/methodology/approach – Using a sample of newly unemployed individuals from Italy in 2007, we perform...
Persistent link: https://www.econbiz.de/10014784736
Purpose – Is globalization instrumental in fighting corruption? Do wealth effects matter in this fight? Are findings valid when linearity assumptions are dropped? The purpose of this paper is to assess the Lalountas et al. (2011) hypotheses (conclusions) in the African context....
Persistent link: https://www.econbiz.de/10014864157
The present research provides a critical review of the housing industry efficiency and its future in Iran. Data … Envelopment Analysis (DEA) is used to evaluate housing industry performance in different states based on the relevant data … government in finding a solution to the current housing problem.  …
Persistent link: https://www.econbiz.de/10014585278
along with the implications of the housing market developments for consumer spending, fiscal and monetary policy. The … possibility of a housing bubble and bust is examined along with its implications for the economy; policy options to minimize this …
Persistent link: https://www.econbiz.de/10014593161
worries, put forward by Wolfgang Maennig, are: (1) that housing suppliers could withdraw as rents fall, while (2) housing … demanders might hesitate to expand consumption as rents fall. - This note insists that falling rents’ overall benefits would …
Persistent link: https://www.econbiz.de/10014609100
Purpose – The purpose of this paper is to investigate the effect of energy consumption on the financial performance of … authors create portfolios of buildings across several energy consumption levels in order to describe the energy pricing … decline in energy consumption affects the total return of buildings positively by +0.015 percent. The hedonic results …
Persistent link: https://www.econbiz.de/10014852217