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 …

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

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 …

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

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 …

In this study we explore the link between climate risk and corporate dividend smoothing using a large international … to several alternative measures of dividend smoothing and climate risk, and estimation techniques that address …-a-vis climate risk, prioritize investments over dividends and thus depart from past dividend smoothing practices towards a more …

.Theoretical/Academic Implications: Academic research is growing on the role of climate change risk and carbon emissions in corporate decisions. The …