Showing 1 - 10 of 248
The purpose of this article is to show on the example of Warsaw Stock Exchange, Poland (WSE) how in emerging capital … (in year t) and the interaction of current dividend decision and earnings proposed by D. J. Skinner and E. Soltes (2011 … earnings depends more distinctly on a firm's dividend policy than on the developed markets. …
Persistent link: https://www.econbiz.de/10011551403
associated with investing in their shares. The additional evidence of a reasonable and stable dividend policy pursued by the …
Persistent link: https://www.econbiz.de/10011551466
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/10014001378
shareholders, including their further sale. Share repurchase is like dividend payout a form of transferring profit to shareholders … presents the legal situation concerning share repurchase in Poland, pointing out that only the regulations introduced in 2008 …
Persistent link: https://www.econbiz.de/10010289518
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/10013200305
This paper attempts to understand the linkage of dividend decisions and investors’ perceptions within the context of … the Pakistani corporate sector. It is intended to proffer new evidence for designing dividend policies that satisfies … factors, patterns, processes and preferences for cash dividends. Results indicate that stability in the rate of dividend …
Persistent link: https://www.econbiz.de/10012022035
This study compares firms' dividend policy antecedents in four countries. The author surveys managers of 230 companies … from the USA, Canada, and Norway. The main antecedents of dividend policy in these countries are the level of current … little importance for Polish managers, as the history of dividend payouts in Polish-listed companies is brief. The …
Persistent link: https://www.econbiz.de/10011659890
The intention of this paper is to examine the relationship between the dividend policy and share prices of companies on … the Macedonian Stock Exchange in order to define whether the dividend policy is a factor determining the share price … decisions were analyzed (10 companies, 11 years, 2006 - 2016). The relationship between the dividend policy and share prices was …
Persistent link: https://www.econbiz.de/10011984745
This paper examines the motivation of dividend payout policies for Chinese listed firms before and after the Split … reform) and 2014-2017 (after the reform). It is found that (1) the incentive of tunnelling via dividend by controlling … reacts positively to the increase of dividend both before and after the reform. It can be concluded that dividend policies …
Persistent link: https://www.econbiz.de/10014001348
Dividend is an unresolved puzzle in corporate finance and present study attempted to resolve this puzzle by testing the … impact of industry, firm, and firm year on dividend policy. The study applied the variance decomposition technique in order … to investigate the variance in dividend payout ratios at firm year, firm, and industry level. Study used conveniently …
Persistent link: https://www.econbiz.de/10012204971