...H. Kent Baker; Bin Chang; Shantanu Dutta; Samir Saadi Purpose The purpose of this paper is to examine cash dividends and stock repurchases in Canada from 1988 to 2006 and their relationship with earnings. Design/methodology/approach The study uses logistic regressions to examine the likelihood...

... size is not relatively large. Nonetheless, the results should be generalized as Canada is one of the largest markets in the world and have high integration with the rest of the world. Practical implications – The results suggest investors should invest in family ownership firms. Originality...

... value. Practical implications This study does not support the current emphasis by regulators on governance practices which mainly concern the monitoring function of the board as opposed to its strategic one. Originality/value The paper uses Canada as a laboratory where companies are “invited...

.... None of these previous studies has taken into account the effect of the ownership structure on EM. Corporate ownership in Canada is characterized by a high level of concentration and the widespread use of control‐enhancing mechanisms such as dual class shares and pyramidal structures (Morck et...

...). They found weak support for a positive relationship between leasing and the debt to equity ratio. Due to these mixed results on many of the determinants, the objective of this study is to gain a better understanding of the factors that motivate a firm to lease assets in Canada. Our model incorporates...

... shareholder exceed his/her cash flow rights. Design/methodology/approach The research is conducted in Canada over a four‐year period from 2002 to 2005 and uses a balanced sample of 130 firms or 520 firm‐year observations. Corporate governance is measured based on the ROB corporate governance index...

...) and engaging in ethically responsible behaviour (Husted, 2005 ; Verschoor, 1998). Boards of Directors Corporate social responsibility Financial performance Canada Researchers have studied various characteristics of the Board of Directors and their impact on the corporate social performance...

... performance Investments Capital markets Canada Throughout the 1990s, selling off large corporate subsidiaries as a form of business restructuring became increasingly common among both North American and European corporations. In the case of Canadian firms, the Securities Data Corporation (SDC...

... at: kbaker@american.edu © Emerald Group Publishing Limited 2007 Dividends Surveys Managers Canada Dividends remain one of the greatest enigmas of modern finance. In fact, Black (1976) wrote that there was no convincing explanation for public corporations paying cash dividends...

... be contacted at: francisco.carrada‐bravo@asu.edu © Emerald Group Publishing Limited 2006 International finance Foreign exchange Economic models Simulation Forecasting Canada During the last decade of the twentieth century, many countries negotiated agreements to join economic unions...