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Displaying results 1 to 10 of 10.

  1. Elective stock and scrip dividends
    Published: 6 September 2018
    Publisher:  CentER, Center for Economic Research, Tilburg

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: Discussion paper / CentER, Center for Economic Research ; no. 2018, 031
    Subjects: Stock dividends; scrip dividends; elective stock dividend; optional stock dividend; dividend policy; payout policy; crisis; dividend reinvestment plans; DRIP; financial constraints; financial crisis; cash retention; mergers and acquisitions
    Scope: 1 Online-Ressource (circa 49 Seiten)
  2. Business investment, cash holding and uncertainty since the great financial crisis
    Published: August 2018
    Publisher:  Bank of England, London

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Staff working paper / Bank of England ; no. 753
    Subjects: uncertainty; investment; cash holdings; dividend policy; survey forecasts
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  3. EU banks' dividend policies
    main determinants and the role of capital ratios
    Published: [2023]
    Publisher:  Banca d'Italia Eurosistema, [Rom]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 450
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    Language: English
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    Series: Temi di discussione / Banca d'Italia ; number 1403 (February 2023)
    Subjects: bank; dividend policy; capital requirements; bank regulation
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  4. Capital investment and liquidity management with collateralized debt
    Published: 2014
    Publisher:  IDEI, Toulouse

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working papers / IDEI ; 841
    Subjects: Investment; dividend policy; singular control; viscosity solution
    Scope: Online-Ressource (44 S.), graph. Darst.
  5. Numerical approximation of a cash-constrained firm value with investment opportunities
    Published: March 2016
    Publisher:  IDEI, [Toulouse]

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: IDEI working paper ; n. 860
    Subjects: Investment; dividend policy; singular control; viscosity solution; nonlinear PDE
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  6. Creditor rights, culture and dividend payout policy
    Published: 2017
    Publisher:  Department of Economics, Finance and Accounting, National University of Ireland, Maynooth, Co. Kildare

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working papers series / Department of Economics, Finance and Accounting, NUI Maynooth ; N277, 17
    Subjects: National culture; creditor rights; dividend policy
    Scope: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  7. Do personal taxes affect investment decisions and stock returns?
    Published: July 2022
    Publisher:  Bank of England, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 443
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Staff working paper / Bank of England ; no. 988
    Subjects: Personal investment taxes; tax capitalisation; dividend policy; capital structure
    Scope: 1 Online-Ressource (circa 57 Seiten), Illustrationen
  8. Between Scylla and Charybdis
    CEO political ideology, dividends and downsizing during the pandemic
    Published: [2022]
    Publisher:  School of Economics and Finance, Queen Mary University of London, London

    We study whether CEO political ideology affected how S&P 500 firms reacted to the Covid-19 pandemic, an exogenous shock to demand and supply. We hypothesize that conservative CEOs are more likely to adopt shareholder-friendly than employee-friendly... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 217
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    We study whether CEO political ideology affected how S&P 500 firms reacted to the Covid-19 pandemic, an exogenous shock to demand and supply. We hypothesize that conservative CEOs are more likely to adopt shareholder-friendly than employee-friendly reactions to the pandemic. Hence, they should be more likely to downsize their workforce while maintaining dividends. In contrast, other CEOs should be less likely to meet dividend expectations and less likely to downsize. We find confirmation of this hypothesis. We also find that CEOs used the dividend forecasts for 2020 as their benchmark rather than the 2019 dividends to make their dividend decision.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/260506
    Series: Working paper / School of Economics and Finance, Queen Mary University of London ; no. 936 (January 2022)
    Subjects: CEO political ideology; dividend policy; downsizing; stakeholder management; Covid-19
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  9. On dividends and market valuations of Australia's listed electricity utilities
    regulated vs. merchant
    Published: [2022]
    Publisher:  University of Cambridge, Faculty of Economics, [Cambridge]

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    VSP 1362
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: Cambridge working paper in economics ; 2229
    EPRG working paper ; 2210
    Subjects: Electricity; regulated utilities; dividend policy
    Scope: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  10. Optimal firm's dividend and capital structure for mean reverting profitability
    Published: November 2021
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    We model a risk-averse firm owner who wants to maximize the intertemporal expected utility of firm’s dividends. The optimal dynamic control problem is characterized by two stochastic state variables: the equity value, and profitability (ROA) of the... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
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    We model a risk-averse firm owner who wants to maximize the intertemporal expected utility of firm’s dividends. The optimal dynamic control problem is characterized by two stochastic state variables: the equity value, and profitability (ROA) of the _rm. According to the empirical evidence, we let profitability follow a mean reverting process. The problem is solved in a quasi-explicit form by computing both the optimal dividend and the optimal debt. Finally, we calibrate the model to actual US data and check both the properties of the solution and its sensitivity to the model parameters. In particular, our results show that the optimal dividend is smooth over time and that leverage is predominantly constant over time. Neither asymmetric information nor frictions are necessary to obtain these findings.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    hdl: 10419/248952
    Series: CESifo working paper ; no. 9407 (2021)
    Subjects: Ausschüttungspolitik; Kapitalstruktur; Rentabilität; Mean Reversion; Stochastischer Prozess; Risikoaversion; USA; dividend policy; capital structure; profit mean-reversion; closed-form; stochastic optimization
    Scope: 1 Online-Ressource (circa 30 Seiten), Illustrationen