... influences chief executive officer (CEO) discretion over corporate payout policies and CEOs change dividend policy to manage this risk. Originality/value This study contributes to the literature on career concerns and corporate payout policies and documents that high (low) termination risk has negative...

... for precautionary cash and reducing the necessity to forego dividend payouts. © Emerald Publishing Limited 2023 Emerald Publishing Limited Licensed re-use rights only CEOs Military executives Payout policy Cash holdings G32 G35 J24 The paper is organized as follows. Section 2...

...Neeraj Jain; Smita Kashiramka Purpose This study aims to investigate the effects of peers on corporate payout policies in one of the largest emerging markets – India. It also examines the motives for mimicking payout decisions. Design/methodology/approach The sample is composed of 3,024 non...

... deregulation) to enhance market efficiency. Originality/value This study incorporates product market competition in explaining the firm payout policy. This study contributes to the growing literature on the corporate governance role of product market competition. In addition to providing a comprehensive...

...Edward Hoang; Indrit Hoxha Purpose The purpose of this paper is to study the payout policy for public firms in different countries. The authors are interested to understand the similarities and differences in the behavior of firms across different countries. Design/methodology/approach...

.... Models 4, 5 and 6, in addition to variables employed in the Model 2, incorporate interactions between governance score and size, profitability and growth, respectively. Corporate governance Payout policy Panel data Although the disciplinary role of dividends has been recognized...

...Manon Deslandes; Suzanne Landry; Anne Fortin Purpose – The purpose of this paper is to examine whether the significant dividend tax rate reduction for individual investors in Canada in 2006 affected firms’ payout policies. Design/methodology/approach – Using regression models, the authors...

...), endemic to Brazil, as a proxy for NTDS. Professor João Zani can be contacted at: Jzani@unisinos.br © Emerald Group Publishing Limited 2014 Capital structure Interest on equity Payout policy Taxes Questioning everything that was known about capital structure, Modigliani...