Mínguez Vera, Antonio - In: El Trimestre Económico LXXIV (4) (2007) 296, pp. 929-960
. Firstly, results show that the payment of dividends reduces the risk and the leverage, and increases the ownership. Secondly …, the firm risk presents a negative effect on the debt ratio and on the payment of dividends and a positive repercussion on … the ownership. Thirdly, we can see that the most indebted companies distribute an inferior quantity of dividends, they …