countries over the period from year 1990 to 2008, we find that past dividend payers are more likely to terminate dividends and …

This paper examines whether dividend policy is associated with earnings management and whether the relationship varies …,429 corporations from 29 countries, we show that dividend payers manage earnings less than dividend non-payers, and that this evidence … is stronger in countries with weak investor protection and high opacity. Further, we find that dividend payers manage …

We compare the cross-sectional variation in the dividend payout policies of companies across 32 countries. Beyond the … shareholder protection and business disclosures, and market quality in terms of transparency and liquidity; affect the dividend … payout policies. We find that firms have generous dividend payout policies when diverse shareholder demands are strong …

For a sample of 28,895 firms across 30 countries and 29 years, there is a negative relation between dividend tax rates … and dividend payout. Firms increase dividend payout in response to both absolute and relative (to capital gains tax rates …) decreases in dividend tax rates. This negative relation is robust to both increases and decreases and both shocks and continuous …

We examine the effect of increased regulatory enforcement threat on the dividend policies of foreign firms listed in US … significantly increase their dividend payouts after their home countries sign the MMoU, relative to their home country peers and … matched US counterparts. The increase in dividend payouts is greater if foreign firms are from countries with weak governance …

corporate governance in determining corporate dividend policy. We find that, while all three variables play a significant role … in determining both the likelihood and the dividend amount, the effect of country-level creditor rights dominate. In … shareholders, exert the greatest influence over corporate dividend policy …

shareholders, including their further sale. Share repurchase is like dividend payout a form of transferring profit to shareholders … adjusted Polish legal solutions to those valid in developed capital markets. -- payout policy ; share repurchase ; dividend …

We investigate the effect of a lack of an automated limit order adjustment mechanism on ex-dividend day stock price … price. In addition, we find that average price drops are smaller than the dividend amount for all dividend sizes. We also … find no evidence of a sawtooth-shaped relationship between the dividend amount and the ex-dividend day price drop. These …