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. This way, one bank's dividend payout policy affects the equity value and risk of default of other banks. When such negative …
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Dividend payouts affect the relative value of claims within a firm. When firms have contingent claims on each other, as … in the banking sector, dividend payouts can shift the relative value of stakeholders' claims across firms. Through this …
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. This way, one bank's dividend payout policy affects the equity value and risk of default of other banks. When such negative …
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