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1

Baker, H. Kent, and Rob Weigand. "Corporate dividend policy revisited." Managerial Finance 41, no. 2 (2015): 126–44. http://dx.doi.org/10.1108/mf-03-2014-0077.

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Purpose – The purpose of this paper is to provide an overview and synthesis of some important literature on dividend policy, chronicle changing perspectives and trends, provide stylized facts, offer practical implications, and suggest avenues for future research. Design/methodology/approach – The authors provide a survey of literature surveys with a focus on insights for paying cash dividends. Findings – The analysis of literature surveys on dividend policy provides some stylized facts. For example, US evidence indicates that the importance of cash dividends as a part of investors’ total retur
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2

Pradip, Kumar Das. "Dividend Policy and Taxation—A Review." Journal of Research in Business, Economics and Management 14, no. 3 (2020): 2703–10. https://doi.org/10.5281/zenodo.3970966.

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Indeed, corporate dividend policy and taxation is a subject of intense research. Mostly, statutory amendments in the dividend tax practice fabricate the dividend payout policy of corporate sector. At times, corporate composing substantial promoters’ securities are identified to keep a major objective to curtail their dividend payout. The study aims at analyzing the interaction between dividend policy and taxation. This paper provides a brief contribution of the diverse thoughts on the clientele effect for analyzing the impact of taxation on corporate dividend policy and finds that the te
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Repon, Miah. "Implications of Corporate Dividend Policy on Corporate Taxation:." DIU Journal of Business and Entrepreneurship 10, no. 02 (2016): 81–96. http://dx.doi.org/10.36481/diujbe.v010i2.wx58xg57.

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Corporate dividend policy is related with corporate tax liability. Tax liability of companies may vary depending on the payment of dividend. Effective corporate dividend policy can reduce corporate tax liability. Thus, effective corporate dividend policy can help corporations maximize shareholders’ wealth by reducing effective tax rate. Tax liability may increase or decrease depending on the dividend payment of a company. The objective of this study includes justifying the implications of Corporate Dividend Policy on Corporate Taxation in case of listed pharmaceuticals companies in Bangladesh.
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Nazeem, Shuaibu, Idris Abdulwahab Anas, and Adabenege Yahaya Onipe. "Corporate Governance and Dividend Policy." Economics and Business Quarterly Reviews 6, no. 3 (2023): 125–41. https://doi.org/10.5281/zenodo.8392920.

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In this paper, we have analyzed the effects of corporate governance mechanisms on dividend policy of 134 listed firms on the Main Board of the Nigerian Exchange, over fifteen (15) years (2008-2022) using the Generalized Method of Moments. Corporate governance mechanisms considered in this study are foreign ownership, institutional ownership, board size, board independence, audit committee gender, risk committee gender, and big4 audit firms. Dividend policy proxy is dividend per share. The research design is both <em>ex post facto</em> and <em>correlational</em>; the population is 156, from whi
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Hauser, Richard, and John H. Thornton Jr. "Dividend policy and corporate valuation." Managerial Finance 43, no. 6 (2017): 663–78. http://dx.doi.org/10.1108/mf-05-2015-0157.

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Purpose The purpose of this paper is to investigate an empirical solution to dividend policy relevance. Design/methodology/approach The paper combines measures of firm maturity in a logit regression to define a comprehensive life-cycle model of the likelihood of dividend payment. The valuation of firms that conform to the model is compared to the valuation of firms that do not fit the model. Valuation is measured by the market to book (M/B) ratio. Findings The analysis indicates that dividend policy is related to firm value. Dividend-paying firms that fit the life-cycle model have a higher med
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Setiawan, Doddy, and Lian Kee Phua. "Corporate governance and dividend policy in Indonesia." Business Strategy Series 14, no. 5/6 (2013): 135–43. http://dx.doi.org/10.1108/bss-01-2013-0003.

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Purpose – This study aims at examining the impact of corporate governance on dividend policy among Indonesian companies. There are two theories of the effect of corporate governance on dividend policy: substitution and outcome theory. Substitution theory argue that corporate governance have negative effect on dividend policy, while outcome theory argue that corporate governance have positive effect on dividend policy. Therefore, this study investigates the effect of corporate governance on dividend policy in Indonesia. This study aims at examining the impact of corporate governance on dividend
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7

Akhigbe, Aigbe, and Jeff Madura. "Dividend Policy and Corporate Performance." Journal of Business Finance & Accounting 23, no. 9-10 (1996): 1267–87. http://dx.doi.org/10.1111/1468-5957.00079.

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Saravanakumar, S. "Determinants of Corporate Dividend Policy." Asia Pacific Business Review 7, no. 2 (2011): 25–36. http://dx.doi.org/10.1177/097324701100700203.

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Anderson, Mark, Muhammad Kabir, Harun Rashid, and Hussein Warsame. "Corporate Dividend Policy and Tax Avoidance." Canadian Tax Journal/Revue fiscale canadienne 70, no. 4 (2022): 747–84. http://dx.doi.org/10.32721/ctj.2022.70.4.anderson.

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This article investigates the relation between corporate dividend policy and tax avoidance. The payment of dividends facilitates the transfer of corporate resources, usually cash, from the company to its shareholders. An important aspect of dividend policy is that it is used to address agency problems between shareholders and managers associated with free cash flow. Given that a dividend payment policy is generally considered to be a fixed commitment, and managers may be penalized for cutting dividends, managers may adopt a tax-avoidance strategy to generate additional cash flow to meet this o
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10

Pan, Lee-Hsien, Thomas Barkley, and Shaio-Yan Huang. "Corporate Payout Policy and CEO Compensation Structure." International Journal of Accounting and Financial Reporting 8, no. 2 (2018): 179. http://dx.doi.org/10.5296/ijafr.v8i2.13280.

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This paper examines how corporate payout policy is affected by CEO compensation structure using data from more than 1,600 firms during 1992-2006. Specifically, it studies the effects of CEO compensation structure, firm characteristics, and dividend payout policies on dividend type and relative dividend size.It finds CEO salary is positively associated with cash dividends, share repurchases, and relative dividend size whereas CEO salary (compared to bonus) as a percentage of total compensation has negative effects on cash dividends and share repurchases. It also discovers CEO stock awards as a
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11

Konieczka, Przemysław, and Adam Szyszka. "Do Investor Preferences Drive Corporate Dividend Policy?" International Journal of Management and Economics 39, no. 1 (2014): 70–81. http://dx.doi.org/10.2478/ijme-2014-0022.

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Abstract This research paper aims at assessing whether managers adapt their dividend policies to the changing preferences of investors, as predicted by the catering theory of dividends. To answer this question, we used an modified approach based on the method proposed by Baker and Wurgler [2004a] in their studies on dividend catering. We noted a systematic decline in percentage of companies that paid out dividends in a sample of American publicly-traded companies, excluding companies of low capitalization and low profitability. Next, we observed a parallel declining tendency in dividend premiu
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12

Booth, Laurence, and Jun Zhou. "Market power and dividend policy." Managerial Finance 41, no. 2 (2015): 145–63. http://dx.doi.org/10.1108/mf-12-2013-0346.

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Purpose – The purpose of this paper is to investigate how and why a firm’s product market power affects its dividend policy. Design/methodology/approach – This paper uses three measures of market power? The degree of import 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 of both the probability of paying a dividend and the amount of dividend p
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13

Oh, Hyunmin, and Sambock Park. "Corporate Sustainable Management, Dividend Policy and Chaebol." Sustainability 13, no. 13 (2021): 7495. http://dx.doi.org/10.3390/su13137495.

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This study empirically examines the relationship between corporate sustainable management (CSM) and dividend policy. Among the various motivations related to dividends, this study examines the relationship between CSM and dividend policy based on the agency and signaling theory. After examining the relationship between CSM and dividend policy, we investigate whether belonging to a large business group (chaebol group) has a significant effect on the relationship between CSM and dividend policy. The analysis period is from 2011 to 2018, and the ESG ratings of the Korea Corporate Governance Servi
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14

Simbolon, Richard F. "CORPORATE GOVERNANCE, PROFITABILITY AND DIVIDEND POLICY." Jurnal Terapan Ilmu Manajemen dan Bisnis 2, no. 1 (2019): 1–14. http://dx.doi.org/10.58303/jtimb.v2i1.2025.

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Abstract: This study aims to determine the relationship of Corporate Governance and Profitability on Dividend Policy on pharmaceutical subsector companies listed on the Indonesia Stock Exchange in 2015-2017 either partially or simultaneously. The relationship will be used to identified…. The method used in this research is descriptive method, using ratio analysis of the proportion of the Board of Commissioners, Return On Equity, and Dividend Payout Ratio, descriptive analysis, significance test, correlation test, determination test, classic assumption test, linear regression analysis. The resu
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15

Singhania, Monica. "Taxation and Corporate Payout Policy." Vikalpa: The Journal for Decision Makers 31, no. 4 (2006): 47–66. http://dx.doi.org/10.1177/0256090920060404.

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This study examines the dividend trends of 590 Indian companies over the period 1992–2004 of all manufacturing, non-government, non-financial, and non-banking companies listed on BSE for which there was no missing financial information over the period of the study. Dividend payout has been chosen for the purpose of examining the impact of taxation on dividend policy. Analysis was done for the full period under consideration, immediate one year of tax regime change, and immediate three years of tax regime change so as to conclusively establish the results and also to note the variations in resu
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16

Bene, Marius Ayou. "Foreign Ownership and Corporate Dividend Policy in Cameroon." Applied Economics and Finance 10, no. 3 (2023): 41. http://dx.doi.org/10.11114/aef.v10i3.6310.

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This article analyzes the relationship between foreign ownership and dividend policy in the Cameroonian context, based on a sample of 197 companies observed over the period 2015-2017. This relationship is estimated using simultaneous equations to account for endogeneity bias. The results show that foreign ownership negatively influences dividend policy, and vice versa. However, these bidirectional links are not linear, but they assume U-shape forms. That is, low levels of foreign ownership are associated with low dividends, while the dividend increases as foreign shares get higher. Similarly,
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17

Cheung, Adrian Waikong, May Hu, and Jörg Schwiebert. "Corporate social responsibility and dividend policy." Accounting & Finance 58, no. 3 (2016): 787–816. http://dx.doi.org/10.1111/acfi.12238.

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18

Benlemlih, Mohammed. "Corporate social responsibility and dividend policy." Research in International Business and Finance 47 (January 2019): 114–38. http://dx.doi.org/10.1016/j.ribaf.2018.07.005.

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19

Kao, Chihwa, Cheng F. Lee, and Chunchi Wu. "Rational expectations and corporate dividend policy." Review of Quantitative Finance and Accounting 1, no. 3 (1991): 331–48. http://dx.doi.org/10.1007/bf02408384.

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Khalikova, Elvira A., Oksana V. Kadesnikova та Danis F. Yakshibaev. "ФИНАНСОВО-ПРАВОВЫЕ АСПЕКТЫ ДИВИДЕНДНОЙ ПОЛИТИКИ КОМПАНИИ". Vestnik BIST (Bashkir Institute of Social Technologies), № 2(59) (29 червня 2023): 104–10. http://dx.doi.org/10.47598/2078-9025-2023-2-59-104-110.

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The article is devoted to the financial and legal aspects of the dividend policy of companies in modern business conditions. Dividends are one of the most important sources of income for shareholders of companies, and the dividend policy, which determines the distribution of profits between shareholders and the company, is of great importance for investors, analysts, managers and other financial market participants. Today's conditions in which companies operate are characterized by uncertainty and rapidly changing market conditions. In such circumstances, the effectiveness of the company's div
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21

Handayani, Handayani, Nanik Niandari, Djaja Perdana, and Budhi Purwantoro Jati. "Profitability, liquidity, leverage, and corporate dividend policy." Journal of Business and Information Systems (e-ISSN: 2685-2543) 4, no. 2 (2022): 79–87. http://dx.doi.org/10.36067/jbis.v4i2.128.

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This study examines the factors influencing dividend policy: profitability, liquidity, and leverage. The dependent variable of dividend policy is measured using the Dividend Payout Ratio (DPR). The return measures the independent variable of profitability on Equity (ROE) proxy. The independent variables of liquidity are measured using the Current Ratio (CR) proxy, and leverage is measured by the Debt-to-Equity Ratio (DER) proxy. The sampling method was purposive, and data were analyzed using multiple linear regression. The sample was manufacturing sector companies listed on the Indonesia Stock
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22

Antonius Siahaan, Yosman Bustaman, and Indah Larisa Sari. "Ownership Concentration, Corporate Liquidity, and Dividend Payment Policy: Evidence from Indonesian Financial Industries." International Journal of Business and Society 21, no. 3 (2021): 1310–21. http://dx.doi.org/10.33736/ijbs.3351.2020.

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The main objective of this research is to analyze the effect of ownership concentration and corporate liquidity on dividend payment policy in the Indonesian financial industry. Dividend payment is measured using dividend pay-out ratio on measuring dividend payment. Corporate ownership concentration is measured using the number of shares held by legal individual investors and large block shareholders. Ownership concentration is divided into three categories, which are inside shareholders, stable shareholders, and market shareholders. Corporate liquidity is measured by corporate profit, defined
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23

Abdel-Wanis, Eman. "Corporate Social Responsibility, Corporate Life Cycle, and Dividend Policy." Journal of Accounting, Business and Management (JABM) 27, no. 2 (2020): 101. http://dx.doi.org/10.31966/jabminternational.v27i2.703.

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The aim of this paper is to investigate the impact of corporate social responsibility(CSR) on dividend policy through corporate life cycle (CLC) as a mediator using pathanalysis for 308 firms-observation for 80 non-financial firms during the period from 2014to 2017 using smart PLS (partial least square). This paper explores the impact of the socialresponsibility on the dividends policy and explores the role of each life cycle in this effecton dividends. The results show that firms in their growth stage are positively associatedwith CSR, while firms in stage of decline are less likely to invest
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24

Yarram, Subba Reddy, and Brian Dollery. "Corporate governance and financial policies." Managerial Finance 41, no. 3 (2015): 267–85. http://dx.doi.org/10.1108/mf-03-2014-0086.

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Purpose – The purpose of this paper is to examine the influence of board structure on dividend policy of Australian corporate firms. It also considers the traditional explanations of corporate dividend choice, such as agency cost theory, signalling hypothesis, the life cycle hypothesis along with tax-based explanations of dividend policy. Design/methodology/approach – The final sample consists of 413 non-financial firms that are part of the All Ordinaries Index. The causal analysis was undertaken in three stages. In the first stage, the authors analyse the likelihood of paying dividends. And c
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Smith, Frank S., Victor Puleo, and K. Michael Casey. "Dividend policy and corporate governance: a research note." Corporate Ownership and Control 5, no. 3 (2008): 220–24. http://dx.doi.org/10.22495/cocv5i3c1p6.

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This paper explores the relationship between a firm’s dividend payment and an external perception of whether the firm exercises good corporate governance. Consistent with an agency explanation of dividend payout, we find that firms with higher corporate governance scores do pay lower dividends. The reduced cost associated with not seeking external funds as often as firms with higher dividends can be listed as a benefit for firms seeking to be known as better corporate citizens.
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Henry, Emmauel, and Ahmad Yahaya. "Board Composition and Dividend Policy Decisions." Management Science and Strategic Decision-Making 11, no. 1 (2024): 31–79. https://doi.org/10.26934/mssd.v11i1.2024.

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This study investigates the effect of board composition on dividend policy decisions in 153 publicly listed firms, focusing on how characteristics such as gender diversity, independence, and board size influence corporate dividend payout practices. The purpose is to provide empirical insights into the governance mechanisms impacting dividend policies, which play a critical role in shareholder value and corporate financial strategy. Covering a period from 2014 to 2023, this study examines a panel dataset of publicly traded companies from multiple industries, using random effects regression anal
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27

Bushra, Aliya, and Nawazish Mirza. "The Determinants of Corporate Dividend Policy in Pakistan." LAHORE JOURNAL OF ECONOMICS 20, no. 2 (2015): 77–98. http://dx.doi.org/10.35536/lje.2015.v20.i2.a4.

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The objective of this study is to identify the significant determinants of firms’ dividend policy across different sectors in Pakistan. Using data on 75 companies listed on the KSE 100 index for the period 2005 to 2010, we find that profitable firms tend to give higher dividends than loss-making firms. Firm size has a negative relationship with the dividend payout ratio and dividend yield, indicating that, the larger the firm, the more likely it is to retain cash to pay off its liabilities. Growth in sales is positively related to dividend yield, whereby an increase in sales leads to higher pr
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Rój, Justyna. "The Determinants of Corporate Dividend Policy in Poland." Ekonomika 98, no. 1 (2019): 96–110. http://dx.doi.org/10.15388/ekon.2019.1.6.

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[full article and abstract in English]&#x0D; The purpose of this research is to examine the factors that determine the dividend policy of non-financial firms listed on the Warsaw Stock Exchange (WSE) in Poland and that of the annually paid dividends. Up to now, many empirical studies related to dividend policy were carried out, showing the differentiation of factors affecting the dividend policy and their interaction. Thus, with this study, it would be possible to give a view on the dividend policy of corporations listed on the WSE for the period from 2008 to 2016. The study covers non-financi
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Farooque, Omar Al, Ali Hamid, and Lan Sun. "Does Corporate Governance Have a Say on Dividends in Australian Listed Companies?" Australasian Business, Accounting and Finance Journal 15, no. 4 (2021): 47–75. http://dx.doi.org/10.14453/aabfj.v15i4.4.

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This paper investigates whether corporate governance has an impact on dividend policy in Australian listed firms. The empirical studies of corporate governance and dividend policy in the Australian context tend to have a limited scope and the findings are mixed. Unlike the existing literature, this paper provides a more comprehensive examination of the relationship between dividend policy and corporate governance mechanisms. Using a sample of 1,438 firm-year observations for the period of 2005 to 2011 and the panel data approach, this study finds that dividend payout is significantly positivel
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Kuzucu, Narman. "A Survey of Managerial Perspective on Corporate Dividend Policy." International Journal of Research in Business and Social Science (2147-4478) 4, no. 2 (2015): 1–19. http://dx.doi.org/10.20525/ijrbs.v4i2.22.

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This research paper examines the corporate dividend payout behaviors of non-financial firms from Istanbul Stock Exchange (Borsa Istanbul). Survey method is conducted to investigate managerial views on corporate dividend policy. The study investigates whether the evidence in Turkish stock market on dividend policy is similar to the European and the U.S. firms’ results which are reported earlier by other studies, and moreover in what extent Lintner’s (1956) findings on dividends is supported by today’s listed firms in an emerging market. The financial managers from 38 firms out of 216 non-financ
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Hameed, Abdul, Farheen Zahra Hussain, Khawar Naheed, and Muhammad Sadiq Shahid. "Impact of Corporate Governance on Dividend Policy: Evidence from Pakistan." Sustainable Business and Society in Emerging Economies 3, no. 3 (2021): 353–66. http://dx.doi.org/10.26710/sbsee.v3i3.1989.

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Purpose: The objective of the paper is to examine the impact of corporate governance on the dividend payout policy of firms listed on the Pakistan stock exchange during 2010-2020. As Pakistani investors face issues regarding their return in the shape of dividends and depend upon the firm’s corporate governance strength. To test whether changes in firm code of corporate governance have a significant influence on dividend policy.&#x0D; Design/Methodology/Approach: The panel data has been used for the period 2010-2020 and panel least square has been applied. Further, to test the association, foll
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Mahenthiran, Sakthi, David Cademartori, and Tom Gjerde. "Mandatory Dividend Policy, Growth, Liquidity and Corporate Governance: Evidence from Chile." Review of Pacific Basin Financial Markets and Policies 23, no. 03 (2020): 2050025. http://dx.doi.org/10.1142/s0219091520500253.

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Chilean publicly listed companies are required by law to pay out a minimum 30% of distributable earnings after taxes as dividends on common stock. The study extends Lintner’s [Lintner, J (1956). Distribution of incomes of corporations among dividend retained earnings and taxes. American Economic Review, 46, 97–113.] model of dividend smoothing and Banerjee [Banerjee, S, VA Gatchev and PA Spindt (2007). Stock market liquidity and firm dividend policy. Journal of Financial and Quantitative Analysis, 42(2), 369–398.] logistic model of the likelihood of a firm paying a dividend to investigate the
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Saldi, Wardah Awwalin Ikhsaniah, Fajri Adrianto, and Masyhuri Hamidi. "Esg and Dividend Policy in Indonesia." Journal of Social Research 2, no. 3 (2023): 724–34. http://dx.doi.org/10.55324/josr.v2i3.596.

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The purpose of this paper is to determine the effect of environmental, social and corporate governance (ESG) performance on company dividend policy in Indonesia. This paper uses three controlled variables: firm size, firm age, and firm leverage. The data used in this research are secondary data from Thomson Reuters Eikon Database on 17 companies listed on the Indonesian Stock Exchange over 2011-2020. To analyze the data, this research uses Panel Data Regression Analysis with Common Effect Model aided by STATA 17. The results show that Environmental, Social and Corporate Governance performance
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BRAOUEZEC, YANN, and CHARLES-ALBERT LEHALLE. "CORPORATE LIQUIDITY, DIVIDEND POLICY AND DEFAULT RISK: OPTIMAL FINANCIAL POLICY AND AGENCY COSTS." International Journal of Theoretical and Applied Finance 13, no. 04 (2010): 537–76. http://dx.doi.org/10.1142/s0219024910005929.

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We study the simplest discrete-time finite-maturity model in which default arises when the firm is not able to pay its debt obligation using the current cash-flow plus the corporate liquidity. An important distinction is made between liquidity and solvency of the firm. The corporate financial policy is simultaneously defined by the dividend policy, and the leverage policy (the coupon and the principal of the bond). When the corporate financial policy implies no default risk and no taxes, we show that the corporate financial policy is irrelevant and this irrelevance result holds for any probabi
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Mamikonyan, K. "DIVIDEND POLICY IN THE CORPORATE GOVERNANCE SYSTEM OF COMPANIES." Criminalistics and Forensics, no. 65 (May 18, 2020): 557–67. http://dx.doi.org/10.33994/kndise.2020.65.55.

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Over the past decade, dividend policy has become a fundamental element of the financial strategy of joint-stock companies, as it has a direct impact primarily on the corporate governance of the company. It can be considered that dividend payments are most often connected not with financial indicators, but with a significant improvement of the quality of corporate governance in the company, i.e. dividend payments are more likely an element of corporate governance. In essence, the high quality of corporate governance somewhat reduces the likelihood of making the wrong decision. To the qualitativ
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Al-Najjar, Basil, and Erhan Kilincarslan. "Corporate dividend decisions and dividend smoothing." International Journal of Managerial Finance 13, no. 3 (2017): 304–31. http://dx.doi.org/10.1108/ijmf-10-2016-0191.

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Purpose The purpose of this paper is to investigate the impact of regulations, reforms and legal environment on dividend policy in a different institutional setting. Particularly, it examines the firm-level cash dividend behaviour of publicly listed firms in Turkey in the post-2003 period, since there were major economic and structural reforms as well as significant regulatory changes of dividend payout rules imposed by the supervisory bodies. Design/methodology/approach The paper focuses on a recent large panel data set of 264 Istanbul Stock Exchange (ISE)-listed firms over a ten-year period
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Zagonel, Timóteo, Paulo Renato Soares Terra, and Diogo Favero Pasuch. "Taxation, corporate governance and dividend policy in Brazil." RAUSP Management Journal 53, no. 3 (2018): 304–23. http://dx.doi.org/10.1108/rausp-04-2018-006.

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Purpose This study aims to analyze the influence of taxes and corporate governance on the dividend policy of Brazilian companies. Design/methodology/approach The authors identify the changes of the tax legislation in Brazil in the period 1986-2011 and check their effect on corporate dividend policies for preferred and common shares. The authors use panel data Probit and Tobit estimation to verify the probability of companies to pay dividends under different tax regimes. The final sample comprises 672 companies, 1,159 traded stocks and 30,134 observations Findings The authors’ results suggest t
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Purba, Jamian, Dian Sulistyorini Wulandari, and Khansa Naelil Muna. "Determinants of Corporate Dividend Policy: A Factorial Analysis." Indonesian Journal of Economic & Management Sciences 2, no. 1 (2024): 129–40. http://dx.doi.org/10.55927/ijems.v2i1.8141.

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The Dividend Payout Ratio serves as a crucial determinant in deciding whether a company will distribute its end-of-year profits to shareholders through dividends or retain them to augment capital for future investments. This study focuses on assessing the impact of company size and profitability on the dividend policy of entities operating in the property, real estate, and building construction service sectors, as listed on the Indonesia Stock Exchange. The research, spanning a three-year period from 2018 to 2020, relies on secondary data, employing purposive sampling to select 24 out of 72 se
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SUSLIKOV, Andrii. "THEORETICAL AND METHODOLOGICAL BASES FOR EVALUATING THE EFFECTIVENESS OF IMPLEMENTATION STRATEGIES OF THE DIVIDEND POLICY OF CORPORATE AGRICULTURAL ENTERPRISES." Herald of Khmelnytskyi National University. Economic sciences 304, no. 2(2) (2022): 333–39. http://dx.doi.org/10.31891/2307-5740-2022-304-2(2)-52.

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It has been shown that the dividend policy of a corporate agricultural enterprise is one of the determining factors in the formation of its investment attractiveness in the stock market and is implemented by the company in accordance with the strategy adopted by the top management. An algorithm for strategizing an effective dividend policy of corporate agricultural enterprises has been developed, which includes: analysis of the business environment and assessment of factors influencing the dividend policy of the enterprise; selection of the type of dividend policy; substantiation of the ratio
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AlGhazali, Abdullah Mohammed, and Ilker Yilmaz. "How COVID-19 Affected Corporate Dividend Decisions: Novel Evidence from Emerging Countries." Financial Internet Quarterly 19, no. 4 (2023): 25–48. http://dx.doi.org/10.2478/fiqf-2023-0025.

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Abstract The study aims to investigate the corporate dividend policy decisions in emerging countries during the COVID-19 pandemic. Our sample consists of 5,869 publicly listed firms from 29 emerging countries to explicate the observed trends in dividend policy during the pandemic. Logistic regressions are used to investigate the main factors that drive the propensity to change dividend payouts. Our analysis reveals that most firms opted to either increase or decrease their dividends, with a minority proportion deciding to maintain dividends. Notably, our findings demonstrate that firm profitab
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Kurnia, Stevani Putri, Putu Anom Mahadwartha, and Mudji Utami. "PENGUJIAN DEBT FINANCED DIVIDEND PADA PENGARUH KEBIJAKAN UTANG TERHADAP KEBIJAKAN DIVIDEN DAN KEPUTUSAN INVESTASI." Jurnal Manajemen 12, no. 2 (2015): 129–46. http://dx.doi.org/10.25170/jm.v12i2.812.

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This study analyzes the effect of debt policy on dividend policy and investment decision on corporate manufacturing industry sector in IDX the period of 2009-2013. This study uses a quantitative approach to multiple linear regression analysis model. This study uses a sample of firms / companies who are in the manufacturing industry sectors in IDX period of 2009-2013. This study finds that debt policy doesn’t have significant effect on dividend policy, while control variable, MBVE has negative significant effect on dividend policy. Debt policy has positive significant effect on investment decis
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Han, Jiyeon, and Kyoung Chol Jung. "Impact of Dividend policy on Firm Valuein the Corporate Life Cycle." Academic Society of Global Business Administration 19, no. 4 (2022): 178–208. http://dx.doi.org/10.38115/asgba.2022.19.4.178.

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This paper examines the effect of high dividend payout policy on firm value according to the corporate life cycle. For the empirical analysis, we conduct the effect of the interaction term between the corporate life cycle and the dividend payout rate measured by cash flow patterns, on Tobin's Q measured by firm value.&#x0D; According to the life cycle effect of DeAngelo et al. (2006), we expect that the high dividend payout of the maturity stage will have a more positive effect on firm value than the dividend payout of companies in other life cycles. As a result of the analysis, we confirm tha
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Chang, Kiyoung, and Eun Kang. "Dividend Policy, Corporate Governance, and the Capital Markets." Journal of Finance Issues 5, no. 2 (2007): 1–14. http://dx.doi.org/10.58886/jfi.v5i2.2607.

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This paper examines whether there is a difference between the dividend policies practiced by firms operating in countries with different financial systems, namely, bank-based and market-based systems. Our results show that the dividend payout ratio is significantly higher for bank-based countries. When firms are grouped according to whether they are in market-based countries or in bank-based countries, the level of investor protection is positively related to dividend payout in market-based financial systems but negatively related to dividend payout in bank-based fmancial systems.
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Chkir, Imed, and Samir Saadi. "Taxation & dividend policy: new empirical evidence." Corporate Ownership and Control 5, no. 4 (2008): 432–39. http://dx.doi.org/10.22495/cocv5i4c4p2.

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The present paper takes advantage of two important changes in the Canadian taxation of capital gains in Canada to examine the interaction between taxation and corporate dividend policy. Our empirical results suggest that Canadian firms did not increase their dividend payout after the reduction of capital gains exemption in 1987; however, they did so when the remaining $100,000 capital gains exemption in 1994 was eliminated. Moreover, we find that firms with high level of control concentration tend to pay fewer dividends. Our finding suggests taxation does influence corporate dividend policy.
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Huffman, Stephen Phillip. "Dividend Policy, Shareholder Rights, and Corporate Governance." CFA Digest 37, no. 4 (2007): 10–12. http://dx.doi.org/10.2469/dig.v37.n4.4858.

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Patra, Theophano, Sunil Poshakwale, and Kean Ow-Yong. "Determinants of corporate dividend policy in Greece." Applied Financial Economics 22, no. 13 (2012): 1079–87. http://dx.doi.org/10.1080/09603107.2011.639734.

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Lestari, H. S. "Determinants of corporate dividend policy in Indonesia." IOP Conference Series: Earth and Environmental Science 106 (January 2018): 012046. http://dx.doi.org/10.1088/1755-1315/106/1/012046.

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Koussis, Nicos, Spiros H. Martzoukos, and Lenos Trigeorgis. "Corporate liquidity and dividend policy under uncertainty." Journal of Banking & Finance 75 (February 2017): 200–214. http://dx.doi.org/10.1016/j.jbankfin.2016.11.015.

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Koussis, Nicos, Spiros H. Martzoukos, and Lenos Trigeorgis. "Corporate liquidity and dividend policy under uncertainty." Journal of Banking & Finance 81 (August 2017): 221–35. http://dx.doi.org/10.1016/j.jbankfin.2017.01.021.

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Hasan, Fakhrul. "Relationship between Orthodox Finance and Dividend Policy: A Literature Review." Indian-Pacific Journal of Accounting and Finance 5, no. 1 (2021): 13–40. http://dx.doi.org/10.52962/ipjaf.2021.5.1.122.

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This paper concentrates on the relationship between orthodox (corporate) finance and dividend policy. More specifically, the paper examines the relationship between different dividend policy theories and dividend policy. This paper also investigates the association between different corporate finance elements and dividend policy. The primary purpose of this paper is to put some light on the dividend literature, which means how dividend literature developed over the year. However still, the dividend policy is a puzzle for researchers. From the previous literature survey, we can see that after s
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