Showing 1 - 10 of 85,756
Using a unique, comprehensive data set from a survey on corporate governance practices among Korean listed firms, this paper shows that business group (chaebol) firms have overall stronger governance practices but weaker shareholder rights and lower dividend payout ratios than independent firms...
Persistent link: https://www.econbiz.de/10010729587
theory of investment and dividend policy, where dividends are paid by self-interested CEOs to maintain a balance between …
Persistent link: https://www.econbiz.de/10004980207
We argue that CEOs have different attitudes toward the firm's stakeholders and that these differences in attitudes affect … firms during 1997-2014 and find that firms with liberal CEOs are less likely to pay dividends and have significantly lower … dividend payouts. In contrast, conservative CEOs pay more dividends, even if this requires redundancies …
Persistent link: https://www.econbiz.de/10012843632
This paper compares the dividend policy of owner-controlled firms with that of firms where the owners are a minority relative to non-owner employees, customers, and community citizens. We find that regardless of whether owners or non-owners control the firm, the strong stakeholder uses the...
Persistent link: https://www.econbiz.de/10012974448
(dividends and share repurchases) decisions. …
Persistent link: https://www.econbiz.de/10005111117
This study examines whether dividends payout has a positive contribution to firm performance while taking into account … over the 1998–2007 period, we find that dividends payout has statistically significantly positive impacts on both return on … assets (ROA) and Tobin's Q, particularly after controlling for the nonlinear relation between dividends and firm performance …
Persistent link: https://www.econbiz.de/10010734045
-class firms have higher cash dividend payments and total payouts, and they use more regular cash dividends rather than special … dividends or repurchases, compared to their propensity-matched single-class firms. Dual-class firms with severe free cash flow … generate home-made dividends by selling shares since super-voting shares are often non-tradable or very illiquid. …
Persistent link: https://www.econbiz.de/10010776953
some of the main pillars of behavioral corporate finance: management, closed – end funds puzzle, dividends and the …
Persistent link: https://www.econbiz.de/10010617374
Boards of directors are intellectually interesting; the literature on boards has academic impact and there is substantial scope for this literature to have policy impact. I illustrate these points by combining a select review of the literature with evidence from a variety of data sets. Boards...
Persistent link: https://www.econbiz.de/10014023369
The study aims to evaluate the impact of board traits on the organizations' dividend pay-outratio. For the purpose, quantitative research approach was being utilized. The data of non-financial companies, listed on Pakistan Stock Exchange, was scrutinized over a period of seven years, 2012-2019....
Persistent link: https://www.econbiz.de/10012664529