Dividend policy: A selective review of results from around the world

L Booth, J Zhou - Global Finance Journal, 2017 - Elsevier
In a “perfect” market, Miller and Modigliani's celebrated dividend irrelevance argument
holds, whereby a dividend payment or omission is identical in impact to changes in a firm's …

Impact of corporate governance on dividend policy: A systematic literature review of last two decades

D Das Mohapatra, P Panda - Cogent Business & Management, 2022 - Taylor & Francis
The present study endeavours to perform a systematic review of the literature related to the
impact of corporate governance on dividend policy in the last two decades. This study uses …

Dividends and economic policy uncertainty: International evidence

N Attig, S El Ghoul, O Guedhami, X Zheng - Journal of Corporate Finance, 2021 - Elsevier
We provide the first international evidence on the impact of economic policy uncertainty
(EPU) on dividend policy. Using data from 19 countries, we find that a high level of EPU is …

Does carbon risk matter in firm dividend policy? Evidence from a quasi-natural experiment in an imputation environment

B Balachandran, JH Nguyen - Journal of Banking & Finance, 2018 - Elsevier
We examine the role of carbon risk in dividend policy, and how its effect varies between
imputation (paying franked dividends) and classical (paying unfranked dividends) tax …

Board reforms and dividend policy: International evidence

KH Bae, S El Ghoul, O Guedhami… - Journal of Financial and …, 2021 - cambridge.org
We study the impact of board reforms implemented in 40 countries worldwide on corporate
dividend policy. Using a difference-in-differences analysis, we find that firms pay higher …

Innovation or dividend payout: Evidence from China

B Yang, HI Chou, J Zhao - International Review of Economics & Finance, 2020 - Elsevier
Abstract Since 2001, the China Securities Regulatory Commission has implemented a
series of policies to ensure that dividend payments constitute a prerequisite of equity …

Institutional investors' corporate site visits and dividend payouts

X Yang, Z Ma - International Review of Economics & Finance, 2022 - Elsevier
Using a sample of Chinese listed firms in the Shenzhen Stock Exchange from 2013 to 2019,
this study examines the impact of institutional investors' corporate site visits on firms' …

Exchange trading rules, surveillance and suspected insider trading

M Aitken, D Cumming, F Zhan - Journal of Corporate Finance, 2015 - Elsevier
We examine the impact of stock exchange trading rules and surveillance on the frequency
and severity of suspected insider trading cases in 22 stock exchanges around the world over …

Government ownership and dividend policy: evidence from newly privatised firms

H Ben‐Nasr - Journal of Business Finance & Accounting, 2015 - Wiley Online Library
In this paper we examine the relationship between government ownership and dividend
policy. Using a multinational sample of newly privatised firms from 43 countries, we find …

Cross-border enforcement of securities laws and dividend payouts

X Chen, HCC Chris, A Tsang, Y Xiang - The British Accounting Review, 2022 - Elsevier
Abstract Following the September 11, 2001 attacks, numerous countries signed a special
nonbinding arrangement to enhance cross-border enforcement of securities laws. This …