... Sensitivity analysis Elasticity Modeling Market activity Neutral approach Dividend policy Public company C15 G32 G34 G35 It should also be especially noted that the dividend policy, on the one hand, should contribute to the achievement of the main goal of financial management...

... 03 2024 09 08 2024 07 10 2024 20 11 2024 20 11 2024 © Emerald Publishing Limited 2024 Emerald Publishing Limited Licensed re-use rights only Dividends Private firms CEO turnover Insider CEO Outsider CEO Boards G30 G35 M12 In this study, we...

... Psychological preference G34 G35 Figure 2 Hirshmann-Herfindal (H) index Figure 2 shows the average annual Hirshmann-Herfindal (H) index for each year for our sample of M&A final offer prices over the sample period. Average annual H values are always above 30%, where in some years...

... Publishing Limited Licensed re-use rights only India Corporate life cycle Dividend policy Growth Mature Stagnant D22 G30 G32 G35 Generally, “dividend” means the profit of a company, which is not retained in the business and is distributed among the shareholders in proportion...

...) and Bargeron and Bonaimé (2020). Jin Young Yang can be contacted at: jinyoung.yang@outlook.com 19 05 2021 10 09 2021 25 09 2021 16 10 2021 © Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only G01 G12 G14 G34 G35...

.... The following is a brief description of the control variables in our data set. 28 09 2019 31 03 2020 09 05 2020 © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only Lawsuits Litigation risk Payout policy G30 G34 G35...

...) standard errors. The basic regression specification is (1) LIQ i ,   t = β 0 + ∑ k = 1 5 β k SENT i ,   t − k + β ′ X i ,   t − 1 + ɛ i ,   t Sentiment Behavioral finance Stock liquidity G35 Ample...

... Idiosyncratic risk Valuation Ownership structure Dividend G32 G33 G35 Agency theory explains the role of ownership structure over policy decisions, including dividend policy (Jensen and Meckling, 1976). In developed countries such as the USA and the UK, corporations often have dispersed...

... relationships in a single study. Sri Lanka Dividend policy Dividend payout Propensity to pay dividends G30 G35 H1a. Lagged dividends have an impact on dividend decision. H1b. Lagged dividends have a positive impact on dividend yield. Lagged (past) dividends...

... G14 G35 It is widely accepted in China that the listed companies should pay more cash dividends to protect the minority investors’ interest, and hence to improve stock market efficiency (Changjiang and Kemin, 1999). In the developed markets, it is believed that cash dividend benefits...

... G35 G11 Miller and Modigliani (1961) raise the following questions: do companies with generous distribution policies consistently sell at a premium over those with niggardly payouts? Is the reverse ever true? Baker and Wurgler (2004b) find the payment vs non-payment of dividends relevant...

... that may lead to significant contributions to the literature. Originality/value This paper provides the first comprehensive review of the post-crisis corporate finance literature in Korea. Hongbok Lee can be contacted at: H-lee@wiu.edu G21 G31 G32 G34 G35 In recent years...

...). They argue that their results are consistent with the hypothesis that institutional ownership affects payout through a monitoring channel. Dividend Payout policy Institutional ownership stability G32 G35 Institutional investors hold more than half of the total outstanding equity of US...

.... Mei-Chu Ke can be contacted at: kemc@ncut.edu.tw 02 05 2015 26 04 2016 18 05 2016 © Emerald Group Publishing Limited 2016 Emerald Group Publishing Limited Licensed re-use rights only Catering theory Dividend policy Stock dividend G30 G35 M21...

... percent for four years after the announcement. © Emerald Group Publishing Limited 2015 Dividends Shares Stock repurchase Buy-back Long-term performance Anomaly Payout choices G14 G32 G35 We measure the abnormal return as the mean difference in the stock price performance...