Many large U.S. bank holding companies (BHCs) continued to pay dividends during the recent financial crisis, even as financial market conditions deteriorated, large losses accumulated, and emergency capital and liquidity were being provided by the official sector. In contrast, share repurchases by these BHCs dropped sharply in the early part of the crisis. Documenting this divergent behavior is...

Dividend Policy is one of the most important financial decisions that managers encounter. This study contributes to the literature of dividend and empirical research investigating the effects of dynamic factors in Tehran Stock Exchange. Based on some criteria, the study contains 133 listed firms over a 10-year period from 2001 to 2010. To test the research hypotheses, this study uses Fixed Effe...

Discount rate method is a tool for asset pricing in the theories of investment and corporate finance, using discount to exchange from future cashflows present value, but some limitation this could not capital cost (WACC) charges ($WACC) exactly at each time. The aim paper exploit an based on consequent inflows (yang) outflows (yin) relevant ancient graphic He Tu Yi Jing, repair paying stakehold...

This study investigates the relation between dividends payout and earnings predictability of firms listed on Egyptian Stock Exchange as an emerging African market. We depend a sample stock exchange (EGX100) during 2014-2018. To test hypotheses, we use two independent t-test OLS regression. The principal analysis revealed that improves ability current to forecast firms’ future earnings. Results ...

Despite a documented decline in the number of dividend payers in the UK it is found that aggregate real dividends paid by industrials actually increased between 1979 and 2000. This was attributed to the firms lost from the sample being generally small distributors of dividends whilst the growth in payments by large firms more than compensated for the effect of the former. As a result a concentr...

How do dividend taxes affect firm behavior and what are their distributional and efficiency effects? To answer these questions, the first problem is coming up with an explanation for why firms pay dividends, in spite of their tax penalty. This paper surveys three different models for why firms pay dividends, and then uses each model to examine the behavioral and efficiency effects of dividend t...