This paper examines the dividend policy for firms listed on the Taiwan Stock Exchange and test the life cycle … hypothesis. The sample involves 6031 observations of dividend payments over the 16-year period 1992-2007. Consistent with the … prediction of the life cycle hypothesis, the results indicate that dividend payers (cash dividends, stock dividends, or both) are …

This paper examines dividend policy of Thai listed companies over the period 2002-2008. The results show that larger … lower dividend payout ratio but higher dividend yield. Collectively, the findings from this paper provide much support for … dividend payouts, a finding which casts doubt whether Thai firms rely on debt to pay dividends …

This paper explores the contribution of various financial measures in explaining the variability in a firm's dividend … payments. Ordinary least squares analysis of data from 2003 to 2007 shows that approximately 71% of the variability in dividend …

most pervasive determinant across other dividend measures such as dividend payout, total payout and repurchases. Overall …

Dividend reductions have long been considered a "last resort" action for firm managers. Managerial reluctance to reduce … dividends emanates from the view that dividend drops signal managerial pessimism regarding future earnings. Contrary to … expectations, studies show that earnings rebound significantly following a dividend reduction; yet investors react negatively to …

Payout (dividend) policy has been a controversial topic for decades. Theoretical and empirical literature has listed …

This paper analyzes the dividend payout by Romanian companies listed on the Bucharest Stock Exchange in connection with … follow two reasons in deciding the dividend payout: to allocate more for investments, or to increase the dividend ratio. Each … paper found no significant correlation between the dividend policy and the corporate tax burden. However, the dividend …

This article measures the reaction of marginal investors to announcement of surprise dividend increase. However, the …. The valuation theory gives many clues for interpretation of dividend changes. At the start of literature review, the … dividend irrelevance (to investment decision) assumption is met. This assumption holds up-to-date valuation procedures leading …

companies. The dividend payment is the primary mean of transfer. In recent years managers of companies listed on WSE in Poland … distributing value. The statisical analysis of the dividend payments and share buyback programs should be preceded by qualitative … consequences, common practice for dividend payments policy and are buyback programs in different types of companies …