Political connections, institutional investors and dividend payouts in Malaysia
نویسندگان
چکیده
منابع مشابه
an investigation of agency theory and signaling theory in dividend policies: the role of institutional investors
journal of accounting advances (j.a.a) vol. 2, no. 2, fall & winter 2010, ser. 59/3 extended abstract an investigation of agency theory and signaling theory in dividend policies: the role of institutional investors dr. g. r. karami dr. s. mehrani h. eskandar tehran university introduction dividend has a special position among decision makers. dividend poli...
متن کاملLong-Term Institutional Investors and social
the investment horizons of institutional investors can affect monitoring incentives which might ultimately make an impact on firm CSR decisions. Hence, this paper investigates the effects of institutional investor’s investment horizons on CSR activities.This research has been carried out using annual data of companies accepted in Tehran Stock Exchange during the period of 2011-2018. By screenin...
متن کاملOptimal Dividend Payouts under Jump-diffusion Risk Processes
This article considers the dividend optimization problem for an insurer with a jumpdiffusion risk process in the presence of fixed and proportional transaction costs. Due to the presence of a fixed transaction cost, the mathematical problem becomes an impulse stochastic control problem. Using a stochastic impulse control approach, we transform the stochastic control problem into a quasi-variati...
متن کاملDo Investors Value Dividend-Smoothing Stocks Differently?
It is almost an article of faith that managers have a preference for smooth dividends. Yet, it is not clear if this reflects investors’ preferences. In this paper, we study whether investors indeed value dividend smoothing stocks differently by exploring the implications of dividend smoothing for firms’ stock prices and cost of capital. Using over 80 years of data, we find no robust relationshi...
متن کاملAsset Prices and Institutional Investors∗
Empirical evidence indicates that trades by institutional investors have sizable effects on asset prices, generating phenomena such as index effects, asset-class effects and others. It is difficult to explain such phenomena within standard representative-agent asset pricing models. In this paper, we consider an economy populated by institutional investors alongside standard retail investors. In...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Pacific Accounting Review
سال: 2016
ISSN: 0114-0582
DOI: 10.1108/par-06-2015-0023