...Dave Bellemare; Maher Kooli Purpose This study examines the determinants and consequences of payout initiation among initial public offering (IPO) firms. We investigate how external and institutional factors, including industry peer behavior, economic policy uncertainty and venture capital...

...Edward C. Hoang; Indrit Hoxha Purpose The purpose of this paper is to investigate payout smoothing in two emerging markets – China and Taiwan. The authors conduct a comparative study of two emerging market economies that have common cultural and historical characteristics but have experienced...

.... With the approach suggested it has been shown that investors’ sentiments impact dividends payout, highlighting its usefulness for managers who are expected to pay dividends according to investors’ expectations. Moreover, this work also demonstrated that firm’s characteristics could affect the investor sentiments...