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The impact of insider trading laws on dividend payout policy
16 references·9 citing·36 second hop
The impact of insider trading laws on dividend payout policy (2014)The impact of insider trading laws on div…Does governance travel around the world? Evidence from institutional investors (2010)Does governance travel around…Why do firms pay dividends? International evidence on the determinants of dividend policy☆ (2008)Why do firms pay dividends? I…The law and economics of self-dealing (2008)The law and economics of self…Private credit in 129 countries☆ (2007)Private credit in 129 countri…Does the Contribution of Corporate Cash Holdings and Dividends to Firm Value Depend on Governance? A Cross‐country Analysis (2006)Does the Contribution of Corp…Dividend policy and the earned/contributed capital mix: a test of the life-cycle theory☆ (2006)Dividend policy and the earne…The World Price of Insider Trading (2002)The World Price of Insider Tr…Taxes, Financing Decisions, and Firm Value (1998)Taxes, Financing Decisions, a…Agency Problems and Dividend Policies Around the World (1998)Agency Problems and Dividend …Legal Determinants of External Finance (1997)Legal Determinants of Externa…Price, trade size, and information in securities markets (1987)Price, trade size, and inform…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Bid, ask and transaction pric…Two Agency-Cost Explanations of Dividends (1984)Two Agency-Cost Explanations …Information Effects on the Bid-Ask Spread (1983)Information Effects on the Bi…DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)DISTRIBUTION OF INCOMES OF CO…Institutional investors’ corporate site visits and dividend payouts (2022)Institutional investors’ corp…Impact of corporate governance on dividend policy: A systematic literature review of last two decades (2022)Impact of corporate governanc…Cross-border enforcement of securities laws and dividend payouts (2022)Cross-border enforcement of s…Dividend Smoothing and Firm Valuation (2021)Dividend Smoothing and Firm V…Social capital and payout policies (2020)Social capital and payout pol…Do country-level legal, corporate governance, and cultural characteristics influence the relationship between insider ownership and dividend policy? (2020)Do country-level legal, corpo…Does social capital affect dividend policy? (2019)Does social capital affect di…Dividend payouts and company ownership structure amid the global financial crisis: evidence from Russia (2016)Dividend payouts and company …Institutional shareholding and information content of dividend surprises: Re-examining the dynamics in dividend-reappearance era (2015)Institutional shareholding an…The Pricing of Options and Corporate Liabilities (1973)Theory of Rational Option Pricing (1973)The Relation Between Price Changes and Trading Volume: A Survey (1987)Measuring the Information Content of Stock Trades (1991)Theory of rational option pricing (2005)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)Corporate Ownership Around the World (1999)Investor protection and corporate governance (2000)Continuous Auctions and Insider Trading (1985)Using daily stock returns (1985)Estimating the components of the bid/ask spread (1988)Market liquidity and volume around earnings announcements (1994)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Investor Psychology and Security Market Under‐ and Overreactions (1998)Illiquidity and stock returns: cross-section and time-series effects (2002)Market Liquidity and Funding Liquidity (2008)Credit Rationing in Markets with Imperfect Information (1981)Law and Finance (1998)Bank Competition and Financial Stability (2008)The Economic Consequences of Legal Origins (2008)The Economics of Privacy (2016)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Problems and the Theory of the Firm (1980)Efficient Capital Markets: II (1991)Agency costs of free cash flow, corporate finance, and takeovers (1996)The Behavior of Stock-Market Prices (1965)The Capital Structure Puzzle (1984)Investor Protection and Corporate Valuation (2002)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Women on Boards and Firm Financial Performance: A Meta-Analysis (2014)Do institutional investors drive corporate social responsibility? International evidence (2018)
this work references cited by second hop

References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1997Legal Determinants of External Finance9,776 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 2008The law and economics of self-dealing3,514 cited
  • 1956DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES3,426 cited
  • 1998Agency Problems and Dividend Policies Around the World3,179 cited
  • 1984Two Agency-Cost Explanations of Dividends3,109 cited
  • 2007Private credit in 129 countries☆2,798 cited
  • 1987Price, trade size, and information in securities markets2,169 cited
  • 1983Information Effects on the Bid-Ask Spread1,875 cited
  • 2006Dividend policy and the earned/contributed capital mix: a test of the life-cycle theory☆1,805 cited
  • 2010Does governance travel around the world? Evidence from institutional investors1,642 cited
  • 2002The World Price of Insider Trading1,233 cited
  • 2006Does the Contribution of Corporate Cash Holdings and Dividends to Firm Value Depend on Governance? A Cross‐country Analysis1,198 cited
  • 1998Taxes, Financing Decisions, and Firm Value

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1,037 cited
  • 2008Why do firms pay dividends? International evidence on the determinants of dividend policy☆985 cited
  • Cited by

    • 2015Institutional shareholding and information content of dividend surprises: Re-examining the dynamics in dividend-reappearance era47 cited
    • 2022Institutional investors’ corporate site visits and dividend payouts36 cited
    • 2019Does social capital affect dividend policy?30 cited
    • 2020Do country-level legal, corporate governance, and cultural characteristics influence the relationship between insider ownership and dividend policy?29 cited
    • 2020Social capital and payout policies27 cited
    • 2022Cross-border enforcement of securities laws and dividend payouts25 cited
    • 2021Dividend Smoothing and Firm Valuation24 cited
    • 2016Dividend payouts and company ownership structure amid the global financial crisis: evidence from Russia24 cited
    • 2022Impact of corporate governance on dividend policy: A systematic literature review of last two decades22 cited