Results 121 to 130 of about 48,117 (267)
Share Repurchases and Investment Policies
Financial Review, EarlyView.ABSTRACT Our study examines the claim that share repurchases lead to reductions in real investments. Repurchase opponents argue that managers forego valuable investments to conduct opportunistic repurchases, while proponents argue that repurchases return excess cash to shareholders.
Paul Brockman +2 more
wiley +1 more source
Early‐Life Disaster Exposure and the Investment Response to Monetary Policy
Financial Review, EarlyView.ABSTRACT We place CEOs' formative experiences at the center of analyzing how firms respond to monetary policy. Specifically, we examine how early‐life exposure to natural disasters shapes CEOs’ investment behavior following monetary shocks. CEOs with exposure to moderate natural disasters during their formative years exhibit stronger risk‐taking ...
Samer Adra +3 more
wiley +1 more source
Assessing the Employee Welfare Impact of Right‐To‐Work Laws: Insights From State‐Level Legislation
Industrial Relations: A Journal of Economy and Society, EarlyView.ABSTRACT We examine the effect of right‐to‐work (RTW) laws on employee welfare using the stacked difference‐in‐differences (DiD) methodology. We posit that RTW laws weaken collective bargaining power, increase free riding, and ultimately reduce employee welfare. We document a significant employee welfare decline following RTW adoption, especially among
Shima Amini +2 more
wiley +1 more source
Faktor-faktor yang Mempengaruhi Kebijakan Dividen pada Perusahaan Manufaktur di Bursa Efek Indonesia Tahun 2011-2013 [PDF]
, 2015 The purpose of this study was to examine the effect of Net Income, Operating Cash Flow and Growth Company of the Dividend Policy in Manufacturing Company.
Basri, Y. M. (Yesi) +2 more
core
Import competition and stock price crash risk
Journal of Financial Research, EarlyView.Abstract We investigate how globalization‐induced import competition affects stock price crash risk. Import competition increases price pressure and reduces profit margins, prompting managers to withhold negative information, resulting in higher crash risk. Based on a sample of US manufacturing firms from 1974 to 2019, we find that firms whose products
Mansoor Afzali +2 more
wiley +1 more source
Daily entry and exit triggers for open market repurchases
Journal of Financial Research, EarlyView.Abstract Using publicly available daily data, we analyse the daily decision repurchasing firms make to enter or exit the market during open market repurchase programs. Firms enter the market to repurchase after a stock price downturn and maintain their presence in the market while stock returns remain negative. The lower the preceding overnight return,
Christine Brown, Sean Pinder
wiley +1 more source
BOARD OVERSIGHT AND DIVIDEND POLICIES IN MALAYSIAN SHARIAH-COMPLIANT COMPANIES
Journal of Islamic Monetary Economics and FinanceA stable dividend policy is often in the best interests of both the company and its shareholders. Considering the importance of dividend policy, we examine the determinants of dividend payment in Malaysian Sharia-compliant listed firms and the moderating
Yasmin Jamadar +3 more
doaj +1 more source
Creditor rights, culture and dividend payout policy
, 2017 We study how creditor rights and culture interact with one another to influence corporate dividend payout policy. Where creditor rights are strong, creditors accept the status quo, which are large dividends in individualist and small dividends in collectivist traditions, respectively.
O'Connor, Thomas G., Byrne, Julie
openaire +1 more source
CEO‐employee pay ratio disclosure and dividend policy
Journal of Financial Research, EarlyView.Abstract We examine whether and how the magnitude of the CEO pay ratio affects dividend policy in the context of inequality‐averse investors. Our results demonstrate a positive association between the two and remain robust to endogeneity concerns. We find that the CEO pay ratios positively affect dividends irrespective of whether CEO compensation ...
Rajib Chowdhury, John A. Doukas
wiley +1 more source
Dividend policy issues in the European pharmaceutical industry: new empirical evidence. [PDF]
Eur J Health Econ, 2023 Basse T +2 more
europepmc +1 more source