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The author specifies the pivotal role of accounting information quality in moderating the influence of dividends on the … dividends is proved by the Two-Step System Generalized Method of Moments. The key findings show that dividends and investment …
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-related literature on dividends explores the implications of differential taxes on dividends and capital gains on stocks’ valuation and … firms’ propensity to pay out cash in the form of dividends. The issues investigated in this literature are of central … perspective, dividends should be minimized. We review the theoretical as well as empirical literature on Signaling …
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