We use a survey approach to investigate how managers in a frontier market apply financing and dividend decision … debt when the firm’s internal funds are inadequate. Under dividend policy, the most treasured technique is ensuring cash …

tax rates on individual dividend income from zero to 28 percent. We document strong timing effects on dividend payout on a … corporations' debt-equity ratios. The debt ratios drop sharply after the implementation of the reform. -- Neutral dividend tax …

This paper analyzes interdependence of three financial policies, investment decision, financing decision, and dividend … follows. First, there is partially interdependence of financial policies. Investment decision positively influences financing … decision, there is negative relationship between financing and dividend decisions, and dividend decision negatively influences …

We estimate a dynamic investment model in which firms finance with equity, cash, or debt. Misvaluation affects equity … activities come from investment, dividends, or net cash. The model fits a broad set of data moments in large heterogeneous … than investment. The investment responses are strongest for small firms but nonetheless modest. Managers' rational …

of the firm that includes investment, leverage, and payout decisions. The structural model generates a leverage ratio …

The aim of this paper is to identify the key determinants of the dividend policies for Malaysian listed firms. The … sample in this study incorporates the top 100 listed firms on Bursa Malaysia (Bursa) over a ten-year period from 2007 to 2016 …. The dynamic panel data set was constructed using the sample firms. The results indicate that dividend policies are …

This paper examines the impact of financial liberalization on fixed investment in Mexico, using establishment …

We examine the impact of financial liberalization on fixed investment in Mexico using establishment-level data from the …