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The asset-light strategies and the dividend puzzle: International evidence from the hospitality industry
16 references·1 citing·37 second hop
The asset-light strategies and the dividend puzzle: International evidence from the hospitality industry (2020)The asset-light strategies and the divide…The impact of institutional ownership on corporate operating performance (2007)The impact of institutional o…How Does Industry Affect Firm Financial Structure? (2005)How Does Industry Affect Firm…Institutional Investors and Executive Compensation (2003)Institutional Investors and E…The link between dividend policy and institutional ownership (2002)The link between dividend pol…Econometric Analysis of Cross Section and Panel Data (2001)Econometric Analysis of Cross…Disappearing dividends: changing firm characteristics or lower propensity to pay? (2001)Disappearing dividends: chang…Simultaneous Determination of Insider Ownership, Debt, and Dividend Policies (1992)Simultaneous Determination of…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Two Agency-Cost Explanations of Dividends (1984)Two Agency-Cost Explanations …The Capital Structure Puzzle (1984)The Capital Structure PuzzleCorporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)GROWTH, BETA AND AGENCY COSTS…Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Takeover Bids, The Free-Rider…Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)Informational Asymmetries, Fi…INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)INFORMATIONAL ASYMMETRIES, FI…The Dividend Puzzle (1976)The Dividend PuzzleAn empirical study on the asset-light operation and corporate performance of China's tourism listed companies (2023)An empirical study on the ass…Mergers and the Market for Corporate Control (1965)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)A Survey of Corporate Governance (1997)Corporate Ownership Around the World (1999)Risk, Return, and Equilibrium: Empirical Tests (1973)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)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Another look at the instrumental variable estimation of error-components models (1995)Corporate social responsibility and access to finance (2013)The China Syndrome: Local Labor Market Effects of Import Competition in the United States (2013)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 Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Job Market Signaling (1973)Financial Intermediation and Delegated Monitoring (1984)Determinants of corporate borrowing (1977)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Large Shareholders and Corporate Control (1986)Performance Pay and Top-Management Incentives (1990)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Pay without performance: the unfulfilled promise of executive compensation (2005)Monitoring: Which institutions matter? (2007)Corporate Social Responsibility as a Conflict Between Shareholders (2010)The Theory of Capital Structure (1991)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The theory and practice of corporate finance: evidence from the field (2001)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)Initial Public Offerings and Underwriter Reputation (1990)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Economic Consequences of Legal Origins (2008)
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References

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761 cited
  • 2002The link between dividend policy and institutional ownership447 cited
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    • 2023An empirical study on the asset-light operation and corporate performance of China's tourism listed companies16 cited