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This study investigates the potential factors explaining the inconsistent relationship between profitability and firm value. Specifically, it examines whether dividend policy contributes to the profitability-firm value relationship and determines the form of the moderating variables. We use a...
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This study investigates the relationship between dividend policy, firm performance, and value within the Korean market, taking into account the unique context of Chaebol ownership struc‑ tures. Utilizing a robust dataset of 5478 observations from the Korean Composite Stock Price Index, our...
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