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Keywords: Lerner index
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Journal Articles
Journal Articles
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...
Journal Articles
Managerial Finance (2013) 39 (8): 787–808.
Published: 28 June 2013
... the Panzar‐Rosse H‐statistic and the Lerner index from 1998‐2011. Findings Results from the H‐statistic show that Zambian banks earned their revenue under conditions of monopolistic competition. This finding is consistent with the estimate of the Lerner index which suggests...

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