… By examining how dividend behavior is related to the structure of ownership and control,
we find evidence of systematic expropriation of the outside shareholders of corporations at the …

… dividend payouts are related to the potential expropriation of … pay dividends, those with a
higher threat of expropriation of … (CRVR), are less likely to pay dividends. In particular, for family-…

… of the outcome role of dividends, one could argue that sound … against expropriation, hence
reducing the need for dividend … lagged dividend as a determinant of current dividend payout. …

… The paper reports that a firm's share of dividends in total payout (dividends plus repurchases…
incentives to expropriate minority shareholders, tend to prefer dividends over repurchases …

… dividends on asset expropriation of the controlling shareholders in Chinese listed firms.
Investors value more the cash dividends … firms' dividend policy. Investors value more the cash …

Terrorists terrorize us, and they often say that they do this for our own good, to force us to
correct ethical flaws in our societies and individual behavior. Some of the ethical flaws they …

This paper finds several interesting pattern of cash dividend paying behavior in China. First,
despite of low benefit of cash dividend to investors, listed companies pay cash dividends …

… family control and group affiliation affect dividend payments. Our principal concern is to
investigate the expropriation opportunities via dividend policy within the family control grouping. …

… dividends are associated with more related-party transactions, which represents wealth
expropriation … This study contributes to the literature by linking cash dividends to expropriation, …

… This paper examines the association between cash dividends and the shareholders … ,
whether paying cash dividends is a means of protection or expropriation of minority shareholders’ …