Publication Type:Academic Journal

Source(s):Journal of Financial & Quantitative Analysis. Aug2022, Vol. 57 Issue 5, p1695-1726. 32p.

Abstract:The personal traits of chief executive officers (CEOs) have been found to influence corporate policy decisions. We examine the impact of CEO past corporate distress experiences on payout policy. CEOs who have experienced a distress event in their caree...

Publication Type:Academic Journal

Source(s):Journal of Financial & Quantitative Analysis. Jun2022, Vol. 57 Issue 4, p1621-1647. 27p.

Abstract:We examine the relationship between dividend smoothing and firm valuation across 21 countries using several empirical methods and smoothing measures. Our main results show that dividends are capitalized at significantly larger values for high-smoothing...

Publication Type:Periodical

Source(s):Kiplinger's Personal Finance. Jun2022, Vol. 76 Issue 6, p18-28. 8p. 8 Color Photographs.

Abstract:The yield on VANGUARD FEDERAL MONEY MARKET (SYMBOL VMFXX, YIELD 0.19%) should rise steadily this year, partly because there is a time lag between Fed moves and yield moves in a money market portfolio. Colby observes that on only a handful of occasions ...

Publication Type:Academic Journal

Source(s):Journal of Financial & Quantitative Analysis. May2022, Vol. 57 Issue 3, p1023-1057. 35p.

Abstract:Theory says an American call should never be exercised early, except possibly just before an ex-dividend date. But the best market bid is regularly lower than the intrinsic value for in-the-money short-maturity options. An American option can always be...

Publication Type:Academic Journal

Source(s):Scientific Programming. 6/6/2022, p1-17. 17p.

Abstract:This paper uses the data of Chinese A-share listed companies from 2003 to 2019 to study the impact of venture capital holdings on the dividend policy of listed companies. The research findings show that venture capital holdings increase the willingness...

Publication Type:Academic Journal

Source(s):NTU Management Review. Apr2022, Vol. 32 Issue 1, p45-92. 48p.

Abstract:本文探討可扣抵稅額減半及富人稅對我國上市櫃公司股利政策之影響，並比較家族企 業與非家族企業因應該項租稅變革所執行之股利政策是否不同。本文的實證結果顯 示，稅額扣抵比率高且董監個人持股比率亦高之公司，在稅制變革之前一年度會有相 對較高之股利發放率，且該項實證結果主要來自家族企業；在稅制變革後，無論是家 族企業或非家族企業，稅額扣抵比率高且董監個人持股比率高之公司並不會發放相對 較低之股利。最後，本文透過進一步分析，發現受稅制變革影響之公司會在稅制變革 前發放相對較高之股利，並在稅制變革後發放相對較少之...

Publication Type:Academic Journal

Source(s):Journal of Financial & Quantitative Analysis. Dec2021, Vol. 56 Issue 8, p2843-2869. 27p.

Abstract:We show that the dividend growth rate implied by the options market is informative about i) the expected dividend growth rate and ii) the expected dividend risk premium. We model the expected dividend risk premium and explore its implications for the p...

Publication Type:Periodical

Source(s):Kiplinger's Personal Finance. Dec2021, Vol. 75 Issue 12, p28-32. 4p. 4 Color Photographs, 1 Chart.

Abstract:Unlike last year, when 42 S&P 500 companies suspended dividends to preserve cash during the pandemic, just one stock halted payouts this year. The company hiked its dividend by 10% in early 2021, and over the past 12 months its shares have risen 33.1%,...

Publication Type:Academic Journal

Source(s):Acta Universitatis Danubius: Oeconomica. 2022, Vol. 18 Issue 3, p176-192. 17p.

Abstract:The study examined the effect of firm performance on dividend policy of listed consumer goods companies in Nigeria, it specially examined the effect of return on asset on dividend per share, it examined the effect of cash reserved n dividend per share,...

Publication Type:Academic Journal

Source(s):Discrete Dynamics in Nature & Society. 2/17/2022, p1-12. 12p.

Abstract:Based on the framework of the dynamic adjustment model, this paper examines the impact of dividend policies and financing strategies on the speed of capital structure adjustment and explores the relationship between dividend distribution and financing ...