strengths of the agency conflicts faced by their shareholders and creditors. We show that dividend policy depends on the …Using data on listed banks in 51 countries, we analyze whether banks' dividend payouts are influenced by the relative …

strengths of the agency conflicts faced by their shareholders and creditors. We show that dividend policy depends on the …Using data on listed bankes in 51 countries, we analyze whether banks' dividend payouts are influenced by the relative …

indicate that nonfinancial firms as large shareholders increase dividend payout which leads to the reduction of free cash flow …The paper analyzes whether nonfinancial firms as large blockholders of the Brazilian firm shape dividend policy. Under … predicted by the Managerial Power Hypothesis. In this context, the Management Monitoring Hypothesis proposes that dividend …

We investigate the association between dividend policy and government shareholding, using Malaysian data. We … hypothesize a positive association. We contribute to the literature about dividend policy. Unique features of our study include … adaptations to the Malaysian institutional setting, with respect to usage of dividend relevance theory, research methodology, and …

winning majority support of shareholders influences the relation between a blockholder's monitoring incentive and a firm …'s dividend policy. When dividend-averse individuals collectively hold a majority stake in a dispersed ownership structure, a … dividend-seeking blockholder might be compelled to propose lower dividends than the tax-optimum to dominate the zero-dividend …