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An Econometric Analysis of Dividends and Share Repurchases by US Firms
16 references·3 citing·34 second hop
An Econometric Analysis of Dividends and Share Repurchases by US Firms (2010)An Econometric Analysis of Dividends and …The evolving relation between earnings, dividends, and stock repurchases (2007)The evolving relation between…Dividend policy and the earned/contributed capital mix: a test of the life-cycle theory☆ (2006)Dividend policy and the earne…Payout policy in the 21st century (2005)Payout policy in the 21st cen…When a buyback isn’t a buyback: open market repurchases and employee options (2002)When a buyback isn’t a buybac…Dividends, Share Repurchases, and the Substitution Hypothesis (2002)Dividends, Share Repurchases,…Disappearing dividends: changing firm characteristics or lower propensity to pay? (2001)Disappearing dividends: chang…Corporate payout policy and managerial stock incentives (2001)Corporate payout policy and m…The cash-flow permanence and information content of dividend increases versus repurchases (2000)The cash-flow permanence and …Financial flexibility and the choice between dividends and stock repurchases (2000)Financial flexibility and the…Actual Share Reacquisitions in Open‐Market Repurchase Programs (1998)Actual Share Reacquisitions i…Dividends, Dilution, and Taxes: A Signalling Equilibrium (1985)Dividends, Dilution, and Taxe…Estimation of Dynamic Models with Error Components (1981)Estimation of Dynamic Models …Dividend Policy: An Empirical Analysis (1968)Dividend Policy: An Empirical…Dividend Policy, Growth, and the Valuation of Shares (1961)Dividend Policy, Growth, and …DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)DISTRIBUTION OF INCOMES OF CO…Income, Saving, and the Theory of Consumer Behavior (1950)Income, Saving, and the Theor…Firms’ fundamentals, macroeconomic variables and quarterly stock prices in the US (2014)Firms’ fundamentals, macroeco…Does the information content of payout initiations and omissions influence firm risks? (2014)Does the information content …Methods for Multicountry Studies of Corporate Governance (and Evidence from the BRIKT Countries) (2013)Methods for Multicountry Stud…The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Dividend Policy under Asymmetric Information (1985)In Search of New Foundations (2000)A Catering Theory of Dividends (2004)Risk, Return, and Equilibrium: Empirical Tests (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks (2011)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Behavior of Stock-Market Prices (1965)The Pricing of Options and Corporate Liabilities (1973)Determinants of corporate borrowing (1977)Agency costs of free cash flow, corporate finance, and takeovers (1996)Stock Valuation and Learning about Profitability (2003)Product Market Threats, Payouts, and Financial Flexibility (2012)On the Pooling of Time Series and Cross Section Data (1978)Formulation and estimation of dynamic models using panel data (1982)On bias, inconsistency, and efficiency of various estimators in dynamic panel data models (1995)Estimating dynamic panel data models: a guide for macroeconomists (1999)The Dividend Puzzle (1976)Common stock repurchases and market signalling (1981)Earnings Momentum and Earnings Management (2007)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Why do firms pay dividends? International evidence on the determinants of dividend policy☆ (2008)Corporate Investment and Stock Market Listing: A Puzzle? (2014)The Capital Structure Puzzle (1984)The Economic Implications of Corporate Financial Reporting (2004)The economic implications of corporate financial reporting (2005)Corporate governance and firm cash holdings in the US (2007)Habit Formation: A Resolution of the Equity Premium Puzzle (1990)Well-Being Over Time in Britain and the USA (1999)Income and well-being: an empirical analysis of the comparison income effect (2004)
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References

  • 1961Dividend Policy, Growth, and the Valuation of Shares6,554 cited
  • 1956DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES3,426 cited
  • 2001Disappearing dividends: changing firm characteristics or lower propensity to pay?3,039 cited
  • 1981Estimation of Dynamic Models with Error Components2,326 cited
  • 2005Payout policy in the 21st century2,268 cited
  • 2006Dividend policy and the earned/contributed capital mix: a test of the life-cycle theory☆1,805 cited
  • 2002Dividends, Share Repurchases, and the Substitution Hypothesis1,467 cited
  • 1985Dividends, Dilution, and Taxes: A Signalling Equilibrium1,425 cited
  • 1950Income, Saving, and the Theory of Consumer Behavior1,397 cited
  • 2000Financial flexibility and the choice between dividends and stock repurchases1,043 cited
  • 1968Dividend Policy: An Empirical Analysis933 cited
  • 1998Actual Share Reacquisitions in Open‐Market Repurchase Programs844 cited
  • 2001Corporate payout policy and managerial stock incentives804 cited
  • 2007The evolving relation between earnings, dividends, and stock repurchases694 cited
  • 2002When a buyback isn’t a buyback: open market repurchases and employee options

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569 cited
  • 2000The cash-flow permanence and information content of dividend increases versus repurchases469 cited
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    • 2014Firms’ fundamentals, macroeconomic variables and quarterly stock prices in the US30 cited
    • 2013Methods for Multicountry Studies of Corporate Governance (and Evidence from the BRIKT Countries)23 cited
    • 2014Does the information content of payout initiations and omissions influence firm risks?21 cited