We survey the literature on payout policy, with a particular emphasis on developments in the
past two decades. The cross-sectional empirical evidence for the traditional motivations …

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 …

This paper examines the impact of the COVID-19 pandemic on the dividend payouts of
publicly traded firms in the US Out of nearly 1,400 dividend paying firms, 213 cut dividends …

Abstract Employing 63,464 firm-year observations of 8876 companies in 22 countries from
2000 to 2013, we conduct a series of multiple regression analyses that reveal a significantly …

Purpose The purpose of this paper is to identify the determinants of dividend policy in an
emerging and developing market. Design/methodology/approach The study employs a …

We find that US corporations increase their cash holdings in response to higher economic
policy uncertainty. The increase in cash holdings is not attributed to a reduction in firm …

We examine how product market threats influence firm payout policy and cash holdings.
Using firms' product text descriptions, we develop new measures of competitive threats. Our …

Purpose This paper aims to close gaps in the current literature according to whether there
are differences regarding the relationship between corporate social performance (CSP) and …

Quarterly earnings conference calls are becoming a more pervasive tool for corporate
disclosure. However, the extent to which the market embeds information contained in the …

In the US, Canada, UK, Germany, France, and Japan, the propensity to pay dividends is
higher among larger, more profitable firms, and those for which retained earnings comprise …