The aim of this study is to investigate how moral hazard arises during financing R&D and technological innovation activities of firms through their corporate governance attributes and firm-specific characteristics. We study 106 firms that received a specially designed loan by a Turkish...

We scrutinize the impact of dividend policy on stock price volatility by considering the seminal paper of Baskin (1989). In this context, we examine the relationship between volatility and three dividend policy indicators, dividend yield, dividend payout, and stock repurchases, for 1,221 firms...