We consider a model of a nancial corporation which has to nd an optimal policy balancing its risk and expected proots. The example treated in this paper is related to an insurance company with the risk control method known in the industry as excess-of-loss reinsurance. Under this scheme the insurance company divert part of its premium stream to another company in exchange of an obligation to pi...

As the centerpiece of its “growth package,” the Bush Administration proposes to eliminate taxes that individuals pay on dividend payments they receive from corporations. These dividends would receive tax-free treatment to the extent that they have been paid from profits subject to the corporate income tax. For individuals who hold shares in companies that do not pay dividends, the proposal woul...

ABSTRACT In contrast to the disappearing dividends view prevalent in literature, we document extensive dividend payments by firms and significant variability within across 16 countries during 2000–2013. We predict that within-firm increases investor demand for forward-looking information, analysts respond producing informative forecasts. find analyst forecasts are available most dividend-paying...

The article presents the results of a study aimed at determining nature influence quality corporate governance on dividend policy pursued by companies in BRICS countries. This relationship is determined based empirical research sample 122 large public corporations countries (based 610 observations) for period from 2015 to 2019. uses Tobit, random effects, fixed and OLS. this show that significa...