Showing 1 - 10 of 2,998
This study investigates the interdependencies between debt capital and dividend policy as complementary factors … metric and employing robust econometric techniques (OLS, 2-SLS, and GMM), the analysis reveals that while debt and dividend … cash flow has a significant positive effect. By disentangling the complex dynamics of capital structure, dividend …
Persistent link: https://www.econbiz.de/10015338351
We investigate the association between dividend policy and government shareholding, using Malaysian data. We … hypothesize a positive association. We contribute to the literature about dividend policy. Unique features of our study include … adaptations to the Malaysian institutional setting, with respect to usage of dividend relevance theory, research methodology, and …
Persistent link: https://www.econbiz.de/10012631872
This study investigates the relationship between dividend policy, firm performance, and value within the Korean market … distinctive effects of various dividend policy measures through the lenses of interest alignment and managerial entrenchment … hypotheses. Surprisingly, while cash dividend payments exhibit a robust positive impact on Tobin's Q and market‑to‑book ratios …
Persistent link: https://www.econbiz.de/10014502367
We examined the dividend policy and financial performance nexus among listed firms in Ghana, having controlled for firm … moments (GMM) estimation technique with data from 2015 to 2019. In addition to dividend payout, new proxies of dividend policy … (dividend capacity and free cash flow savings) were employed to ascertain their impact on firm performance in a period filled …
Persistent link: https://www.econbiz.de/10014500221
This study examines the impact of family control on the dividend policy of firms in Pakistan, covering the period from … 2009 to 2016. It also investigates whether family control moderates the impact of firm-specific factors on the dividend … dividends than nonfamily firms. Besides, firm size inversely affects the dividend policy, whereas tangibility positively affects …
Persistent link: https://www.econbiz.de/10012268499
This study investigates the impact of ownership structure on the dividend policy in Jordan. In particular, it aims to … uncover the effects of family ownership, institutional ownership, foreign ownership, and state ownership on dividend decisions … between institutional ownership and dividend yield, while foreign ownership is associated with a less likelihood of paying …
Persistent link: https://www.econbiz.de/10012669029
We examine stock prices and the number of stocks traded around ex-dividend dates of German stocks with tax …-free dividend. Tax-free dividends are temporarily tax-exempt, as they reduce the initial purchasing price of a stock. With our … empirical results indicate that ex-date prices decline, on average, by the amount of the dividend. We do not find a significant …
Persistent link: https://www.econbiz.de/10012291925
This paper primarily aims at examining the impact of dividend policy on stock price volatility of industrial firms … dividend policy-dividend yield and dividend payout ratios-have negative significant relationship with stock price volatility …. This may indicate that the increase in firm's dividend yield and dividend payout lowers the stock price volatility, which …
Persistent link: https://www.econbiz.de/10013184131
incentive plans that adopt ROE as the performance measure to examine this possibility. We find that firms with pre-dividend ROE …
Persistent link: https://www.econbiz.de/10012655422
This article investigates the determinants of dividend policy on the Casablanca stock exchange. The variables tested … were based on the main theories of dividend policy, and the fixed effect model was used to test panel data over a period of … corroborate the results, two proxies were used to test the dependent variable: dividend yield and payout ratio. The results led to …
Persistent link: https://www.econbiz.de/10014284431