The effect of CEO power on dividend payout probability: The role of profitability and cash flow volatility

Dividend policy is one of the most important topics in financial literature. One of the motivations of powerful CEOs to pay dividends is to build a reputation in the capital markets in order to obtain foreign financing on favorable terms. However, the net expected value of such a reputation depends...

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Bibliographic Details
Main Authors: shokrollah khajavi, soraya weysihesar
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2023-11-01
Series:مطالعات تجربی حسابداری مالی
Subjects:
Online Access:https://qjma.atu.ac.ir/article_16548_d41d8cd98f00b204e9800998ecf8427e.pdf