alternative to dividends for distributing cash to shareholders.Although dividends and share repurchases realise the same value in …%, but then declined to below20% by 2007.Ordinary dividends are the dominant shareholder distribution choice with 64 …, while only 5% and 4% ofcompanies using special dividends or specific repurchases respectively. Dividendspaid out of share …

The relative contribution to stock price volatility of news in expected future dividends and in expected future returns … economy under the classical tax system such as the U.S., the negative correlation between the news about dividends and the …

prices, declined more after a corporation was prosecuted or reached a settlement for violations, as compared to corporations … that disclosed earnings disappointments. Also, this study investigated the stock prices of violating corporations compared …The purpose of this study was to determine whether publicly disclosed violations by U.S corporations, resulting in …

This thesis consists of empirical studies on various aspects of international corporate finance, a series of long … knowledge on measuring, documenting and determining various issues in international corporate finance, and provides … methodological improvements over previous studies.Chapter 2 presents an examination of the stock return performance of the IPO stocks …

corporate dividends. The results of studies conducted in this thesis suggest that the proportion of stocks held by insiders and … state ownership significantly affect the amount of dividends paid, but not the decision to pay dividends. Larger, mature …, profitable firms with less investment opportunities are more likely to pay dividends. These factors are found to also positively …