companies, the dividend distribution policy (DDP) remains largely unexplained. In this regard, the main purpose of the current …

dividends on asset expropriation of the controlling shareholders in Chinese listed firms. Investors value more the cash … hypothesis better explains firms' dividend policy. Investors value more the cash dividends of firms with fewer investment …

structures unless laws are in place that curtail the extraction of private benefits of control by large shareholders and address … shareholders when ownership separated from control, which suggests "investor friendly" corporate and securities law is not a … did not provide the foundation for the unwinding of family ownership what did? This paper argues that the dividend policy …

We investigated the relation between changes in cash dividend payments, non-public tradable shares, and the percentage …-publicly tradable shares. These results suggest that Chinese controlling shareholders' preferences for cash dividends is attributable to …

, as compared to their conservative counterparts, pay less attention to shareholders and this is reflected in dividend … dividend payouts. In contrast, conservative CEOs pay more dividends, even if this requires redundancies …

(noncontrolling shareholders) and bank creditors (e.g. depositors or debt-holders) on bank dividend payout policies using a panel data … to examine the impact of legal protection of shareholders and creditors on bank dividend payout amounts. And, logit panel …Purpose: The purpose of this paper is to examine the impact of legal protection of bank minority shareholders …

We find that minority shareholders’ voting opposition to dividend proposals is associated with significantly higher … cash dividend payout in the following year for stocks listed in Shanghai Stock Exchange. When minority shareholders’ voting … dividend payout. Minority shareholders’ voting opposition has a stronger positive effect on cash dividend payout when they post …

. This paper investigates whether and how dividend-related MSA affects corporate dividend policies. We find listed firms are … checks. We establish a causal relationship between MSA and future dividend payouts, with both instrumental variable approach …, compulsory responses, and regulator attention. Our focused MSA is different from the voting rights of minority shareholders …

This paper investigates the influence of retail minority shareholders in the determination of corporate dividend … when setting dividend policy, even when they are minority shareholders, so long as the proportion of these retail … policies of Australian companies. While retail investors are typically also minority shareholders and therefore perceived in …

This paper studies the impact of the concentration of control, the type of controlling shareholder and the dividend tax … preference of the controlling shareholder on dividend policy for a panel of 220 German firms over 1984-2005. While the … concentration of control does not have an effect on the dividend payout, there is strong evidence that the type of controlling …