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 …

Finance scholars have long engaged in theorizing the tendency of firms to smooth dividend
or not to smooth given the nature of the environment in which the companies operate. This …

Literature on asymmetric dividend smoothing mostly focused on establishing the existence
of the behavior within firms without accounting for firm characteristic variables that influence …

Dividend payment and managerial ownership can be seen as substitute mechanisms for
controlling Agency cost. More often than not, firms in the era of financial difficulties may be …

Penelitian ini bertujuan untuk mengetahui pengaruh aliran kas operasi, financial leverage,
dan ukuran perusahaan terhadap persistensi laba. Objek penelitian ini adalah Perusahaan …