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Keywords: Herfindahl-Hirschman index
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2015) 41 (2): 145–163.
Published: 09 February 2015
... competition, Herfindahl-Hirschman index, and Lerner Index? To examine how a firm’s product market power affects its dividend policy. Further, it proposes and tests a risk-based explanation for this impact. Findings – This paper shows that market power positively affects the dividend decision, in terms...
