Firms headquartered in more corrupt US environments (states) provide higher payouts to
their shareholders. Our results are robust to, for example propensity score matching …

With a sample of 332 dividend announcements from January 2019 to December 2020, using
the event study methodology with the market model, we provide evidence that the dividend …

Purpose The purpose of this paper is to compare the sustainability practices of Islamic and
conventional banks, with the aim of evaluating whether their Corporate Social Responsibility …

Using a large proprietary database of intraday high‐frequency trading, we investigate the
trading strategies of institutional investors in dealing with the negative environmental event …

We examine how firms structure payout and debt commitments to address governance
weaknesses. Firms with severe agency conflicts precommit through a combination of …

Firms are more likely to pay dividends with higher payout ratios in an imputation
environment. The effects of profitability and earned/contributed capital mix on the decision to …

Using the closing prices of 88 listed airline companies worldwide from November 16, 2020
to May 10, 2021, we employ the event study methodology to examine how air travel …

We revisit the information content of dividend announcements in India from 2012 to 2014 in
a unique market setting which involves the introduction of Company's Act 2013. We find that …

The US equity market has witnessed the rising power of institutional investors over the past
three decades. Yet even as these institutional owners become more powerful, their effect on …

This paper examines whether and how institutional investment horizon influences corporate
financing decisions. Consistent with our predictions, we find that longer institutional …