DIVIDENDOS E EFEITO CLIENTELA: EVIDÊNCIAS NO MERCADO BRASILEIRO

DIVIDENDOS E EFEITO CLIENTELA: EVIDÊNCIAS NO MERCADO BRASILEIRO

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We investigated whether characteristics other than corporate operation, a proxy for clientele effect, marginally differentiated the dividend policies of 401 firms (2339 firm/years) traded on BM&Fbovespa in the period 1998-2010. A statistically significant association between the decision to decl...

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Bibliographic Details
Main Authors: Antonio Carlos Dias Coelho, Allan Pinheiro Holanda
Format: Article
Language:English
Published: Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo 2012-07-01
Series:RAE: Revista de Administração de Empresas
Subjects:
Dividends
clientele effect
ownership structure
brazilian public companies
logistic regression
Online Access:http://rae.fgv.br/sites/rae.fgv.br/files/artigos/10.1590_0034-75902012000400006_1.pdf

Internet

http://rae.fgv.br/sites/rae.fgv.br/files/artigos/10.1590_0034-75902012000400006_1.pdf

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