RESEARCH TOPICS IN FINANCE - Dividend Decisions



Dividend policy/payout ratio in association with :
  • firm value
  • managerial ownership 
  • institutional ownership
  • mutual funds ownership
  • senior citizens' (clientele effects)
  • role of banks in dividend decision
  • investors' protection
  • independent directors
  • CEO duality
  • board structure
  • audit committee
  • corporate governance
  • corporate social responsibility
  • executive compensations
  • equity incentive schemes
  • blockholders and individual ownership
  • group association of firm
  • group tunnelling 
  • institutional quality/legal protection of minority shareholders
  • capital gain tax
  • individual taxes
  • tax reforms
  • dividend taxes
  • legal restrictions
  • transaction costs of external financing
  • liquidity policy of the firm (cash holdings, A/R)
  • leverage/capital structure/debt maturity
  • investment/growth opportunities
  • debt covenants
  • earning management and earning smoothing
  • information contents 
  • insiders trading laws
  • industry effects, industry influence
  • dividend repurchase
  • stock market liquidity
  • firms assets structure
  • financial distress