Impact of competition & economic policy uncertainty on payout policy of the Indian pharmaceutical industry
نویسندگان
چکیده
منابع مشابه
The Impact of Product Market Competition on Firms’ Payout Policy
This paper investigates the interaction between product market competition and managers’ decision to distribute cash to shareholders. Using a large sample of manufacturing firms, we find that firms in more competitive industries pay more dividends than firms in less competitive markets. Further, consistent with agency theory, we find that the effect of product market competition on corporate pa...
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ژورنال
عنوان ژورنال: Global Journal of Economics and Business
سال: 2020
ISSN: 2519-9285,2519-9293
DOI: 10.31559/gjeb2020.9.3.13