Results 141 to 150 of about 2,804,731 (214)
European Financial Management, Volume 32, Issue 4, Page 1227-1254, September 2026.ABSTRACT This study examines whether female directors influence firms' allocation of internal funds between dividend payments and defined benefit (DB) pension funding. Using FTSE All‐Share firms from 2007 to 2021, we find that companies with a higher proportion of female directors exhibit stronger pension funding positions and, overall, maintain ...
Zezeng Li, Erhan Kilincarslan
wiley +1 more source
Share repurchase and the cost of capital: Discussion on the nature of share repurchase of Chinese listed companies. [PDF]
PLoS One, 2023 Wang P, Chen R.
europepmc +1 more source
Payout Taxes and the Allocation of Investment [PDF]
When corporate payout is taxed, internal equity (retained earnings) is cheaper than external equity (share issues). High taxes will favor firms who can finance internally.
Marcus Jacob, Bo Becker, Martin Jacob
core
Do Banks Learn From Natural Disasters? Evidence From the U.S. Financial Sector
European Financial Management, Volume 32, Issue 4, Page 1294-1324, September 2026.ABSTRACT This paper examines whether U.S. banks learn from natural disasters. We explore several potential channels of adjustment and find that exposed banks primarily respond by adopting precautionary capital measures. This behaviour is evident both in the long run, when assessing divergent trends in the evolution of equity over time, and in the short
Dennis Dreusch +2 more
wiley +1 more source
Welcome Home to Japan: Repatriation of Foreign Profits by Japanese Multinationals [PDF]
The empirical literature suggests that repatriation decisions of U.S. multinational corporations are influenced by taxes. Although the U.S. and Japan adopt the same foreign tax credit system, we have found no evidence that corporate taxes have ...
Tajika, Eiji, Nakatani, Ryota
core
International Review of Finance, Volume 26, Issue 3, September 2026.ABSTRACT This study examines whether public data availability improves corporate ESG performance. Exploiting the rollout of China's data‐sharing platforms as a quasi‐natural experiment, we find that platform adoption significantly enhances firms' ESG outcomes. Treated firms exhibit lower toxic emissions, higher labor income shares and charitable giving,
Lixing Deng +3 more
wiley +1 more source
How did the 2003 dividend tax cut affect stock prices? [PDF]
We test the hypothesis that the 2003 dividend tax cut boosted U.S. stock prices and thus lowered the cost of equity. Using an event- study methodology, we attempt to identify an aggregate stock market effect by comparing the behavior of U.S. common stock
Steven Sharpe +2 more
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Beta Estimation Under Infrequent Trading: A Machine Learning Approach
International Review of Finance, Volume 26, Issue 3, September 2026.ABSTRACT When shares are traded infrequently, beta estimates are often severely biased. We find that machine learning methods significantly improve forecasts of the conventional beta proxy in this infrequently traded market. They generate superior beta forecasts, statistically and economically outperforming the traditional model used by practitioners ...
Alejandro Maldonado Mendoza +1 more
wiley +1 more source
Corporate Risk Management and Dividend Signaling Theory [PDF]
This paper investigates the effect of corporate risk management on dividend policy. We extend the signaling framework of Bhattacharya (1979) by including the possibility of hedging the future cash flow.
Georges Dionne, Karima Ouederni
core
Unpacking the Local Pay Gap: New Insights Into CSR and Employee Relations
International Review of Finance, Volume 26, Issue 3, September 2026.ABSTRACT We examine the relationship between CEO local tournament incentives and corporate social responsibility (CSR) activities. Larger local pay gaps are linked to lower CSR engagement, driven exclusively by weaker performance in the employee relations dimension, characterized by fewer strengths and more concerns.
Hsin‐I Chou, Tu Nguyen, Jing Zhao
wiley +1 more source