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