This paper examines the existence of pro-dividend fads and, if such fads exist, their effect on stock valuations …. Building upon the notion that investors are more likely to invest in assets they perceive to be safe (e.g., dividend paying … stocks) especially when they feel financially insecure, we find that investors value dividend paying stocks more highly than …

This research aims to test dividend signaling theory in an Indonesian capital market. Signaling theory states that … dividend policy has information content that can influence to share price. Examination of theory of signaling is related to … research phenomena in other countries indicating that by percentage there is degradation of company which is pay dividend and …

This paper explores the impact dividend taxes exert on the dividends repatriated from foreign affiliates to their … German parent company. Based on an augmented Lintner model of firms' dividend payout decisions, the paper focusses on cross …-border intra-firm dividend payments of wholly-owned foreign affiliates in the manufacturing sector. Firm-level data from the …

dividend payout ratios instead correspond to higher future earnings growth. Examining both listed and delisted firms on the … Australian stock exchange over the period 1989 to 2008, we provide further evidence that the dividend payout ratio is positively …

This paper examines investors' reactions to dividend reductions or omissions conditional on past earnings and dividend … reaction for firms with long patterns of past earnings and dividend payouts is significantly more negative than for firms with …. First, consistent with DeAngelo, DeAngelo, and Skinner (1992), a loss following a long stream of earnings and dividend …

stock return volatilities, and without a stable cash dividend policy, stock return volatilities may unrelated to the …

Sustainability and economic relevance of dividend policies are addressed in terms of an optimal control model set forth …

We compare cross-sectional variation of dividend yields of companies across 32 countries. Beyond the impact of firm …-specific accounting and financial variables, this study investigates how the variations in country level variables affect dividend payout … transparency and liquidity. We find that dividend yields are higher when diverse shareholder demands are strong, extents of …