What drives dividend smoothing? A meta regression analysis of the Lintner model

E Fernau, S Hirsch - International Review of Financial Analysis, 2019 - Elsevier
We revisit the view of dividend smoothing as one of the most robust findings in the empirical
corporate finance literature by employing meta-regression analysis (MRA). Using 99 …

Impact of financial and multinational operations on manager perceptions of dividends

HK Baker, S Dutta, S Saadi - Global Finance Journal, 2008 - Elsevier
We survey managers of firms listed on the Toronto Stock Exchange about their views on
dividends. We find the perceptions of factors that influence dividend policy differ between …

Investor protection, taxation and dividend policy: Long-run evidence, 1838–2012

L Moortgat, J Annaert, M Deloof - Journal of Banking & Finance, 2017 - Elsevier
We investigate whether investor protection and taxation legislation affect dividend policy,
using a unique sample of all Belgian firms listed on the Brussels Stock Exchange between …

Dividend policy and earnings management: An empirical study of Pakistani listed companies

A Arif, A Abrar, MA Khan, F Kayani… - Arif, A., Abrar, A., Khan …, 2011 - papers.ssrn.com
Dividend policy is one of the widely addressed topics in financial management. It is an
important duty of a financial manager to formulate the company's dividend policy that is in …

Impact of dividend policy on stock price volatility and market value of the firm: evidence from Sri Lankan manufacturing companies

D Gunaratne, WAN Priyadarshanie… - 12th International …, 2015 - papers.ssrn.com
The impact resulted from the dividend policy of a firm, on the volatility of the market value of
stocks, is the major concern of this study, which is an issue bearing an utmost significance …

Credibility of corporate announcements and market reaction: evidence from Canadian share repurchase programs

D Mishra, MD Racine, L Schmidt - Canadian Journal of …, 2011 - Wiley Online Library
Do market participants evaluate the credibility of a firm's share repurchase announcement
based on the firm's share repurchase history? Using a sample of 1,507 share repurchase …

İşletmelerde Kar dağıtım politikasının işletmenin büyüme Ve Pazar değerine Etkileri: Teorik Ve uygulamalı yaklaşım

A Omağ - 2007 - search.proquest.com
Globalleşen ekonomik sistemin doğurduğu aşırı rekabet ortamı ulusal ve uluslar
arasışirketlerin uyguladıkları kâr dağıtımı politikasını önemli ölçüde etkilemektedir. Firmaların …

Dividends and Stock Valuation: A Study From the Nineteenth to the Twenty-First Century

SR Foerster, SG Sapp - Available at SSRN 890445, 2006 - papers.ssrn.com
Using a comprehensive database of monthly US economic and price-based factors from
1871 to 2005, we investigate the relationship between the actual values and our estimated …

Back to fundamentals: The role of expected cash flows in equity valuation

SR Foerster, SG Sapp - The North American Journal of Economics and …, 2011 - Elsevier
To better understand how investors have historically valued equities, we compare monthly
values of the S&P Index to our corresponding estimated fundamental values from 1871 to …

Capital adequacy and dividend policy: evidence from Italian banks

M Brogi - Le banche italiane sono speciali, 2010 - papers.ssrn.com
The objective of the paper is to analyse capital adequacy, dividend policy and new share
issues of Italian banks in the last twenty years, to identify the net role of the market in the …