This paper examines the consequences of exits from political unions or the split of countries on dividend policy decision,taking the Ethiopian split as a practical case,considered as a major factor in the increase of ...This paper examines the consequences of exits from political unions or the split of countries on dividend policy decision,taking the Ethiopian split as a practical case,considered as a major factor in the increase of political tension with Eritrea especially after the secession,that led to the increase in successive political conflicts and dispute over the past years till now.This paper studies the impacts of political conflicts that have been companied with split to this day especially during the period between 2010 and 2019,using a database of six companies from different sectors,from Ethiopia.The results show that the political conflicts such as split have a direct impact on the dividend policy.展开更多
Financial decisions in general and dividend policy in particular are based on the relationship between the stakeholders.Also,analyzing the dividend policy in companies that are not listed on the stock market remains i...Financial decisions in general and dividend policy in particular are based on the relationship between the stakeholders.Also,analyzing the dividend policy in companies that are not listed on the stock market remains important.The object of our study is to analyze the agency relationship in the link between the ownership structure and the distribution of the dividend at the level of Cameroonian companies.We opted for a qualitative and quantitative study.The statistical tests carried out(with 67 companies)are the comparison test of means and the analysis of variance with one factor(using Statistic Package for Social Science[SPSS]software).The results of this research show that regular and irregular dividend payments lead to a low level of conflict between majority-minority shareholders and shareholder-managers.This leads to a negative relationship between the concentration,the ownership identity,and the dividend policy.展开更多
The objective of this paper is to examine the impact of the dividend policy on earnings management in France.Note that in recent years,research on the determinants of earnings management has multiplied.However,little ...The objective of this paper is to examine the impact of the dividend policy on earnings management in France.Note that in recent years,research on the determinants of earnings management has multiplied.However,little work has really looked into this issue.The empirical research is based on a sample made up of French companies listed on the CAC All Tradable index for the period 2008-2015.The empirical results show that the dividend policy is a determinant of earnings management in the French context.展开更多
The dual agency relation and lack of effective incentive and restraint mechanism make stock right structure of China's listed companies special.This special stock right structure will inevitably exert direct and p...The dual agency relation and lack of effective incentive and restraint mechanism make stock right structure of China's listed companies special.This special stock right structure will inevitably exert direct and profound influence on formulation of cash dividend policies.Based on the 2007 to 2010 data of China's agricultural listed companies and focusing on the stock right structure,this paper selected 6 indicators and the BP ANN to build the cash dividend policy identification model,in the hope of helping investors accurately predict influence of stock right structure on cash dividend policies,so as to reduce investment risk to some extent.展开更多
Dividend policy is one of the three main policies of financial management.A reasonable dividend policy is not only beneficial to a company’s development,but also the capital market’s growth and perfection.In order t...Dividend policy is one of the three main policies of financial management.A reasonable dividend policy is not only beneficial to a company’s development,but also the capital market’s growth and perfection.In order to develop a reasonable dividend policy,it is necessary to first analyze its influencing factors.Taking Kweichow Moutai as an example,this paper analyzes the characteristics and influencing factors of its dividend policy and provides reference for listed companies to develop reasonable dividend policies.展开更多
The most essential step in adjusting and improving the childbearing policy, the universal two-child policy will produce far-reaching impacts on the future development of China’s population. With its implementation, t...The most essential step in adjusting and improving the childbearing policy, the universal two-child policy will produce far-reaching impacts on the future development of China’s population. With its implementation, the country’s total population will peak later, the underage population and its proportion will increase substantially, the working-age population will experience a slower decline, and the aging of China’s population will be eased. However, the drop in the proportion of working-age people over the last 15 years has expedited the reduction of the demographic dividend, the elderly population will remain unaffected over the next 60 years, the aging of the population will continue to deepen, and at the same time, the increased child dependency burden will expand the overall dependency ratio.展开更多
文摘This paper examines the consequences of exits from political unions or the split of countries on dividend policy decision,taking the Ethiopian split as a practical case,considered as a major factor in the increase of political tension with Eritrea especially after the secession,that led to the increase in successive political conflicts and dispute over the past years till now.This paper studies the impacts of political conflicts that have been companied with split to this day especially during the period between 2010 and 2019,using a database of six companies from different sectors,from Ethiopia.The results show that the political conflicts such as split have a direct impact on the dividend policy.
文摘Financial decisions in general and dividend policy in particular are based on the relationship between the stakeholders.Also,analyzing the dividend policy in companies that are not listed on the stock market remains important.The object of our study is to analyze the agency relationship in the link between the ownership structure and the distribution of the dividend at the level of Cameroonian companies.We opted for a qualitative and quantitative study.The statistical tests carried out(with 67 companies)are the comparison test of means and the analysis of variance with one factor(using Statistic Package for Social Science[SPSS]software).The results of this research show that regular and irregular dividend payments lead to a low level of conflict between majority-minority shareholders and shareholder-managers.This leads to a negative relationship between the concentration,the ownership identity,and the dividend policy.
文摘The objective of this paper is to examine the impact of the dividend policy on earnings management in France.Note that in recent years,research on the determinants of earnings management has multiplied.However,little work has really looked into this issue.The empirical research is based on a sample made up of French companies listed on the CAC All Tradable index for the period 2008-2015.The empirical results show that the dividend policy is a determinant of earnings management in the French context.
文摘The dual agency relation and lack of effective incentive and restraint mechanism make stock right structure of China's listed companies special.This special stock right structure will inevitably exert direct and profound influence on formulation of cash dividend policies.Based on the 2007 to 2010 data of China's agricultural listed companies and focusing on the stock right structure,this paper selected 6 indicators and the BP ANN to build the cash dividend policy identification model,in the hope of helping investors accurately predict influence of stock right structure on cash dividend policies,so as to reduce investment risk to some extent.
文摘Dividend policy is one of the three main policies of financial management.A reasonable dividend policy is not only beneficial to a company’s development,but also the capital market’s growth and perfection.In order to develop a reasonable dividend policy,it is necessary to first analyze its influencing factors.Taking Kweichow Moutai as an example,this paper analyzes the characteristics and influencing factors of its dividend policy and provides reference for listed companies to develop reasonable dividend policies.
基金received grants from the National Natural Sciences Foundation as a major project(Project Approval No.:71490731)
文摘The most essential step in adjusting and improving the childbearing policy, the universal two-child policy will produce far-reaching impacts on the future development of China’s population. With its implementation, the country’s total population will peak later, the underage population and its proportion will increase substantially, the working-age population will experience a slower decline, and the aging of China’s population will be eased. However, the drop in the proportion of working-age people over the last 15 years has expedited the reduction of the demographic dividend, the elderly population will remain unaffected over the next 60 years, the aging of the population will continue to deepen, and at the same time, the increased child dependency burden will expand the overall dependency ratio.