Florackis, Chris; Kanas, Angelos; Kostakis, Alexandros - In: European Journal of Operational Research 241 (2015) 3, pp. 783-795
This paper examines the relation between dividend policy, managerial ownership and debt-financing for a large sample of firms listed on NYSE, AMEX and NASDAQ. In addition to standard parametric estimation methods, we use a semi-parametric approach, which helps capture more effectively...