Keywords: Total factor productivity
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Journal Articles
International Journal of Managerial Finance (2026) 22 (1): 67–89.
Published: 04 December 2025
...Min Bai; Dong Zhang; Fangying Dong; Yafeng Qin Purpose This study investigates the impact of cash dividend smoothing on total factor productivity from the perspective of a firm’s dividend policy. Design/methodology/approach Using data from A-share listed companies in Shanghai and Shenzhen...

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