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Does political economy reduce agency costs? Some evidence from dividend policies around the world

Choy, HiuLam; Gul, Ferdinand A.; Yao, Jun - In: Journal of Empirical Finance 18 (2011) 1, pp. 16-35

This study shows that firms in proportional-electoral countries pay out lower dividends and that the correlation between a firm's growth potential and dividend payout ratio is weaker in proportional-electoral countries. However, firms in proportional-electoral countries that cross-list in...

Persistent link: https://www.econbiz.de/10008863135

Does political economy reduce agency costs? : some evidence from dividend policies around the world

Choy, Hiu Lam; Gul, Ferdinand A.; Yao, Jun - In: Journal of empirical finance 18 (2011) 1, pp. 16-35

Persistent link: https://www.econbiz.de/10009301188

CEO regulatory focus and management earnings forecasts

Murthy, Sidharth; Gul, Ferdinand A.; Yao, Jun - In: Journal of contemporary accounting & economics 19 (2023) 3, pp. 1-21

Persistent link: https://www.econbiz.de/10014482996

Does political economy reduce agency costs? Some evidence from dividend policies around the world

Choy, HiuLam; Gul, Ferdinand A.; Yao, Jun - In: Journal of empirical finance 18 (2011) 1, pp. 16-36

Persistent link: https://www.econbiz.de/10008769867