dc.contributor | 政大財管系 | en_US |
dc.creator (作者) | 屠美亞 | zh_TW |
dc.creator (作者) | Twu, Mia | en_US |
dc.date (日期) | 2012-05 | en_US |
dc.date.accessioned | 6-Dec-2013 15:22:20 (UTC+8) | - |
dc.date.available | 6-Dec-2013 15:22:20 (UTC+8) | - |
dc.date.issued (上傳時間) | 6-Dec-2013 15:22:20 (UTC+8) | - |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/62219 | - |
dc.description.abstract (摘要) | I contend that stock market development has substantially contributed to the decline of dividend payers worldwide. Using data from 31 countries, my research shows that stock market development makes firms in countries with a relatively high dependence on stock market financing less likely to pay dividends, to pay less, and more likely to omit. These results also are robust to the sample selection, the time‐varying firm characteristics, and the differences in legal systems, capital market scales, and country‐level information disclosure. | en_US |
dc.format.extent | 530667 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | en_US | - |
dc.relation (關聯) | Financial Review, 47(2), 401-421 | en_US |
dc.subject (關鍵詞) | stock market development;likelihood to pay;payouts;omission;dividends | en_US |
dc.title (題名) | Stock market development and the decline of the portion of dividend payer throughout the world | en_US |
dc.type (資料類型) | article | en |
dc.identifier.doi (DOI) | 10.1111/j.1540-6288.2012.00334.x | en_US |
dc.doi.uri (DOI) | http://dx.doi.org/10.1111/j.1540-6288.2012.00334.x | en_US |