We hypothesize that, in weak‐institution countries, firms adjust the 'timing'of dividend
payments by committing to distribute a percentage of current earnings as dividends …

We examine the Netherlands around the Second World War, where the occupying Nazi
regime overhauled the country's corporate tax regime and introduced a profit tax of 55 per …

Purpose This study aims to present how a historical governance mechanism (a statutory rule
of profit allocation) could answer the practical question of profit allocation, thereby proposing …

The topic of the dividend policies and their impact on company value is a hot topic in
economics, being one of the few unanswered questions in the field of finance. Lately, many …

The core objective of financial management is to maximize the wealth of shareholders. The
dividend relevance and irrelevance and its role in firm's value have always been a …

Ondernemingsfinanciering is een vakgebied binnen de bedrijfseconomie. Het Maandblad
voor Accountancy en Bedrijfseconomie, voorheen Maandblad voor Accountancy en …

This study examines the determinants of dividend policy of 65 Dutch firms listed on the
Euronext Amsterdam from 2016 to 2019. This study contributes to solving a piece of the …

We investigate the determinants of dividend payments in Belgium between 1838 and 2020.
As the institutional environment changes drastically over time, we explore whether the …

University of Groningen Financial History and Political Institutions Kramer, Bert Page 1 University of
Groningen Financial History and Political Institutions Kramer, Bert DOI: 10.33612/diss.169593890 …

Dividend policy is not set de novo each year, but dividends are smoothed from one year to
the next, leading to a short-term persistent component. In this paper, we investigate whether …