Results 261 to 270 of about 29,766 (313)

Dividend persistence and dividend behaviour

Accounting & Finance, 2016
AbstractThis article demonstrates how a spurious regression problem caused by dividend persistence is compounded by a spurious correlation problem when the dependent and independent variables in dividend behaviour regressions are ratios composed of common component variables.
Chan, Kam Fong, Powell, John G., Shi, Jing, Smith, Tom   +3 more
openaire   +4 more sources

Dividend Spreads

The Journal of Business, 1988
This article does four things: it calls attention to an important phenomenon heretofore unmentioned in the literature, that is, the dividend spread; it presents open-interest and early-exercise d ata for in-the-money calls around ex dividend dates; it demonstrates that previous results concerning the efficiency of the options market around the ex ...
Castanias, Rick, Chung, Ki-Young, Johnson, Herb   +2 more
openaire   +1 more source

The Green Dividend Dilemma: Carbon Dividends Versus Double-Dividends

FEDS Notes, 2019
By raising the price of carbon-emitting energy sources, a carbon tax would flexibly incentivize households and businesses to reduce fossil fuel consumption and substitute towards cleaner energy sources. A carbon tax would also generate a substantial stream of government revenue. This raises an important question – how should this revenue be used?
Stephie Fried, Kevin Novan, William Peterman   +2 more
openaire   +1 more source

Dividends as Signaling Device and the Disappearing Dividend Puzzle

SSRN Electronic Journal, 2013
In the paper we develop a generalization of the Baker and Wurgler (2012) signaling model where investors are loss-averse to dividend cuts. We apply our framework to study how firm's characteristics and manager's incentives affect payout policy properties.
Dmitry Shapiro, Anan Zhuang
openaire   +1 more source

Are Dividends Disappearing? Dividend Concentration and the Consolidation of Earnings

SSRN Electronic Journal, 2002
Abstract Aggregate real dividends paid by industrial firms increased over the past two decades even though, as Fama and French (J. Financial Econ. 60, 3) (2001a) document, the number of dividend payers decreased by over 50%. The reason is that (i) the reduction in payers occurs almost entirely among firms that paid very small dividends, and (ii ...
Harry DeAngelo, Linda DeAngelo, Douglas J Skinner   +2 more
openaire   +1 more source

Dividend Buying: Linking Dividend Announcements and Ex-Dividend Day Effects

Journal of Accounting, Auditing & Finance, 1995
We provide a plausible explanation for earlier findings that positive abnormal stock returns associated with dividend announcements persist for several days and that abnormal volume and stock returns commence several days before a stock's ex-dividend day.
Helen M. Bowers, Donald Fehrs
openaire   +1 more source

A dividend of democracy

Do democratically chosen rules lead to more cooperation and, hence, higher efficiency, than imposed rules? To discuss when such a “dividend of democracy” obtains, we review experimental studies in which material incentives remain stacked against cooperation (i.e., free-riding incentives prevail) despite adoption of cooperation-improving policies. While
Thomas Markussen, Jean-Robert Tyran
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Peace dividend

Science, 2018
Colombian scientists race to study once-forbidden territory before it is lost to development—or new conflict.
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From the Demographic Dividend to the Open Dividend

2021
As western politics turns towards populism, protectionism is flourishing and globalization has fallen out of fashion. China took full advantage of the opportunities presented by the last round of globalization when it was still in its dual economy development stage, and achieved high speed economic growth and the sharing of the proceeds of this growth.
openaire   +1 more source

Flexibility of Commemorative Dividends and Dividends Manipulation

SSRN Electronic Journal, 2005
This paper is the first research project to have analyzed commemorative dividends. Commemorative dividends have the unique property of having both a respectable degree of binding and high flexibility. The former makes commemorative dividends positively correlated with stock prices, while the latter allows firms to implement "dividends manipulation" by ...
openaire   +1 more source