Research Topics in Finance - Dividend Decisions

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