Pham, Hai-yen; Chung, Richard; Bao, Ben-Hsien; Min, … - In: International Journal of Managerial Finance 17 (2020) 2, pp. 342-357
Purpose: The purpose of this paper is to examine the impact of product market competition on dividend payout and share repurchases in Australia in which a full dividend imputation system has been in place since 1987. Design/methodology/approach: Panel data estimation with industry and...