This article analyses the impact of Recommendation ECB/2020/19 (to credit institutions to refrain from making dividend … already approved dividend pay-outs before the recommendation) were able to pay dividends during the first few months of the … pandemic. This quasi-natural experiment allowed us to analyse the impact of dividend restrictions on lending. Banks that …

higher or lower dividend payments. Data from 612 Spanish companies during 12 consecutive years was analyzed. This study … companies. Considering that unlisted companies use the dividend policy to align divergent interests, especially in more fragile …

The purpose of this paper was to investigate the behavior of stock returns and trading volumes around ex-dividend dates … that stock prices fall by less than the dividend paid on ex-dividend days. This behavior indicates a preference for capital … this study did not reflect significant abnormal returns on ex-dividend days. The finding is consistent with the fact that …

This study analyzes the impact of directors belonging to several boards (multiple directorships) on the dividend policy …