Creditor rights, culture and dividend payout policy [PDF]
We study how creditor rights and culture interact with one another and influence corporate dividend payout policy. We identify two distinct substitution effects. First, creditors substitute poor legal standing with lower dividends, but only in countries defined as either individualist or with low levels of uncertainty avoidance.
Byrne, Julie, O'Connor, Thomas
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Financial Constraints and the Sustainability of Dividend Payout Policy [PDF]
This article investigates the relation between dividend payout policy and financial constraints, focusing on the Italian SMEs between 2015 and 2019 and adopting credit ratings as a measure of access to external financial resources. According to our findings, there is a positive relation between firm solvency and the payment of dividends, suggesting ...
Greta Falavigna, Roberto Ippoliti
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Low Price-To-Book Ratios and Bank Dividend Payout Policies [PDF]
Banks with a low price-to-book ratio have a greater propensity to pay out dividends. This propensity is especially marked for banks with a price-to-book ratio below a threshold of 0.7. As a sector, banks also tend to have higher dividend payout ratios than non-financial firms.
Leonardo Gambacorta +2 more
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Effect Of CEO Compensation on Dividend Payout Policy
Purpose - This study seeks to investigate the association between CEO compensation and dividend payout policy among listed firms in Kenya. Design/methodology/approach - The study used a sample of 40 firms listed in the Nairobi Securities Exchange(NSE) over the period 2009-2019. Data was analysed using fixed and random effect models to test the research
Buigut K., Cheboi J., Bonuke R.
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An Examination of REIT Dividend Payout Policy [PDF]
This paper proposes a new methodology for decomposing real estate investment trust (REIT) dividends into discretionary and nondiscretionary components. By examining the tax characteristics of dividends, I am able to accurately measure the discretionary component of a REIT's dividend. This methodology provides new insights into our understanding of REIT
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The Effect of Defensive and Prospective Business Strategies on Cash Dividend Payments: The Moderating Role of Free Cash Flows and Financial Constraints [PDF]
Dividend policy is one of the most important financial decisions of firms, influenced by various factors such as financial conditions, growth opportunities, and strategic characteristics.
Noor Aljomaili +2 more
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Does gender diversity on firm’s board affect dividend payouts? Evidence from India
This study attempts to determine whether gender diversity on the firm's board affects the dividend payout ratio concerning firms listed on Nifty 50 in India. Multiple regression analysis and the logit model have been employed.
Kalyani Mulchandani +2 more
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EFFECT OF CORPORATE GOVERNANCE INDEX ON DIVIDEND POLICY: AN INVESTIGATION OF TEXTILE INDUSTRY OF PAKISTAN [PDF]
This study observed empirically the impact of corporate governance index on dividend payout policy by using the data of seventeen textile firms listed in Karachi Stock Exchange. The data covered the five years period from 2009 to 2013.
Safdar Husain Tahir +3 more
doaj
Dividend Policy and Stock Price Volatility: Evidence from Tehran Stock Exchange [PDF]
This study examined the relationship between dividend policy (measured by dividend yield and dividend payout ratio) and stock price volatility in the Tehran Stock Exchange.
Masood Baghbani +2 more
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Dividend Policy and payout practices in Malaysia: A qualitative analysis
Since stock prices reflect the firm’s future earnings potentials (Miller and Rock, 1985), dividends announcements therefore convey new information to the market about the future prospects of the corporation. As such, the objective of the current study is to examine the potential role that dividend payouts play in influencing the fund managers and ...
Omar, Mohammed Mispah Said +1 more
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