...Richard John Fairchild Lintner’s (1956) survey revealed that managers are concerned about dividend signalling over time, and adopt a smoothing policy. In addition to signalling, dividend policy may affect a firm’s re‐investment opportunities, particularly if it is capital constrained. In this paper...

...Jane Zhang This paper analyses the risks of the elderly and needs for aged care in China as a major social problem faced by the Chinese government in the 21st century, suggests the development of aged care accounting as a tool of providing information for policy‐makers, and outlines a general...

...Mohammad Ziaul Hoque Outlines the massive loan default problems faced by the Bangladesh banking industry and discusses the importance of consistent and adequate public policy in reducing them. Critically reviews the government’s industrial, fiscal, monetary and tariff policies since independence...

... marekts; and considers what trade and development policies OIC countries should adopt to improve their economies. © MCB UP Limited 2003 Accounting research Developing countries Stock markets Portfolio investment Economic conditions Policy Managerial Finance 122 Portfolio Investment...

...M. Rabiul Hasan; Jacobus T. Severiens Assesses the effectiveness of the European Central Bank in maintaining price stability, growth and bank liquidity across the eurozone. Looks at the policies which it has applied in response to economic events, suggesting that its treatment of the falling euro...

...Yim‐Yu Wong; Thomas E. Maher; Joel D. Nicholson; Chi‐wen Chen Assesses the effects of the Asian economic crisis on Taiwan and identifies some reasons why it has been less dramatically affected than other Asian countries. Discusses its actual and planned policies aimed at strengthening the economy...

...H. Kent Baker; Gary H. Powell Outlines previous research on four explanations for and various factors influencing dividend policy; and reports a survey of senior managers in US listed companies to determine their views. Finds strong support for the signalling explanation and some support...

...William Saunders; Joseph D. Haley Identifies three “pillars” of US retirement benefits policy (savings, redistribution and insurance) and outlines the legislative development of private pensions since the 1920s. Supports reform of the social security system and proposes that employee contributions...

...Michael J. Seiler; Peter Shyu; J.L. Sharma Reviews previous research on the announcement effects of changes in US Federal Reserve policies and presents a study of the impact of federal funds rate and discount rate changes since the current chairman took office (1988) on the treasury bills/bonds...

...Jeff Madura; Oliver Schnusenberg Outlines previous research on the impact of US Federal Reserve policies on market interest rates and returns; and the relationship between interest rates and market returns. Investigates these effects over three time periods: Sept 1974‐Oct 1979 (interest rate...