Essays about: "Corporate Payout Policy"

Showing result 1 - 5 of 17 essays containing the words Corporate Payout Policy.

1. 1. Payout Policy and Agency Concerns: A Study on Differences in Payout Ratios and Payout Mix between Dual and Single-Class Firms

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : John Sköld; Fredrik Santesson Ståhl; [2022]
   Keywords : Payout-policies; Dual-class; Single-class; Agency theory; Corporate Governance; Business and Economics;

   Abstract : Purpose: The purpose of this study is to investigate if there is any difference in payout policies between firms that adopt a dual-class share structure compared to a single-class share structure. Methodology: We are using an unbalanced panel data set of firms that are listed on the Stockholm Stock Exchange (SSE). READ MORE

3. 2. What Does the Board Say?

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Lucas Bengtsson; Astrid Christensson; Andreas Tysk; [2022]
   Keywords : Dividend Policy; Dividend Payout Ratio; Board Quality; Board Characteristics; Corporate Governance; NYSE; NASDAQ; Business and Economics;

   Abstract : Methodology A quantitative study with a deductive approach. Panel data are used in the multiple linear regression to analyse and investigate relationships between dividend payout ratio and the independent variables. Theoretical Perspectives Main theoretical frameworks of the study are the Outcome Hypothesis and Substitution Hypothesis. READ MORE

4. 3. Executive Stock Incentives and Corporate Payout Policy: How do executive stock incentives affect payouts, and can they be used to mitigate the free cash flow problem?

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Carl Hedin; Max Thorwalls; [2022]
   Keywords : Executive Stock Incentives; Corporate Payout Policy; Free Cash Flow Problem; S P 1500;

   Abstract : Using data on 849 companies included in the S&P 1500 Index during 2015-2019, this study provides an overview of how executive held shares and stock options affect companies' payout policies. By examining how executive stock incentives relate to the magnitude and composition of payouts, we aim to establish whether such incentives can be utilized to mitigate the free cash flow problem defined by Jensen (1986). READ MORE

5. 4. Executive Options and Payout Policy in the 21st Century: A Study of Equity Incentives, Corporate Payout Policy, and the Effects of Disclosure Regulation

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Erik Amér; Jack Beckman; [2022]
   Keywords : Executive Equity-Incentives; Stock Options; Payout Policy; Free Cash Flow Problem;

   Abstract : In this paper, we examine the relationships between executive equity-incentives and corporate payout policy. Using data on S&P 1500 firms from 2000 to 2019, we find that firms with higher executive options have lower total payouts, but that this relationship is weaker than found in earlier literature. READ MORE

6. 5. Patterns and Determinants of Payout Policy in the 21-st Century : A study of the Nordic Countries.

   University essay from Umeå universitet/Företagsekonomi

   Author : Tatiana Silva da Costa; Abubacarr Sidy Nyassi; [2021]
   Keywords : Firms’ factors; cash dividends; share repurchases; payout ratio; Dividend Irrelevance Theory; Signaling Theory; Agency Theory; Life-cycle Theory; Substitution and Flexibility Hypotheses;

   Abstract : Payout policies is one of the most discussed topics in corporate finance. Since Miller & Modigliani (1961) dividend irrelevance theory, which was based on perfect markets, many theories have been developed in order to incorporate market imperfections to payout decisions. READ MORE