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Keywords: Dividend policy
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Journal Articles
Journal Articles
Journal of Economic Studies (2025) 52 (7): 1303–1320.
Published: 18 November 2024
... group near or at the bottom of the ownership structure. We next find significant variation in dividend policy within groups, with notably higher dividends for firms close to the ultimate owner. Furthermore, we find that higher investments by firms close to the owner lead to lower dividends by firms...
Includes: Supplementary data
Journal Articles
Journal of Economic Studies (2020) 47 (6): 1507–1532.
Published: 03 April 2020
...Mostafa Harakeh; Ghida Matar; Nagham Sayour Purpose The literature of financial economics documents a causal relationship between the level of information asymmetry in the firm and its dividend policy. Nevertheless, this relationship suffers endogeneity problems arising from reverse causality...

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