The Impact of Product Market Competition on Firms’ Dividend Policy
This paper investigates the relation between product market competition and managers’ decision to distribute cash dividend to shareholders. Therefore, the Herfindahl-Hirschman, Lerner, and Modified Lerner indexes were employed as a proxy for product market competition. The research population compos...
Main Authors: | , |
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Format: | Article |
Language: | fas |
Published: |
Alzahra University
2013-12-01
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Series: | راهبرد مدیریت مالی |
Subjects: | |
Online Access: | http://jfm.alzahra.ac.ir/article_970_96dc17f94b2389409bbd96159d84bf38.pdf |