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Heterogeneous dividend preferences of Chinese individual and institutional investors : Evidence from categorized daily share holding data

Chen, Xin; Tang, Lin; Hu, Haiou - In: China Finance Review International 4 (2014), pp. 326-342

Purpose–The purpose of this paper is to examine preferences of Chinese individual and institutional investors to cash dividends and stock dividends. Using categorized daily holding information from the TOPVIEW database, the authors test how percentage holdings of individuals and institutional...

Persistent link: https://www.econbiz.de/10010960134