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Cash Holdings, Dividend Policy, and Corporate Governance: A Cross‐Country Analysis

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  • Lee Pinkowitz
  • Rohan Williamson
  • René M. Stulz

Abstract

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Suggested Citation

  • Lee Pinkowitz & Rohan Williamson & René M. Stulz, 2007. "Cash Holdings, Dividend Policy, and Corporate Governance: A Cross‐Country Analysis," Journal of Applied Corporate Finance, Morgan Stanley, vol. 19(1), pages 81-87, January.
  • Handle: RePEc:bla:jacrfn:v:19:y:2007:i:1:p:81-87
    DOI: 10.1111/j.1745-6622.2007.00127.x
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    Cited by:

    1. Affaf Asghar Butt & Main Sajid Nazir & Hamera Arshad & Aamer Shahzad, 2018. "Corporate Derivatives and Ownership Concentration: Empirical Evidence of Non-Financial Firms Listed on Pakistan Stock Exchange," JRFM, MDPI, vol. 11(3), pages 1-15, June.
    2. Mar𨁂el鮠Lozano & Simone Caltabiano, 2015. "Cross institutional cash and dividend policies: focusing on Brazilian firms," Applied Economics, Taylor & Francis Journals, vol. 47(3), pages 239-254, January.
    3. Rashidah Abdul Rahman & Eman Saleh Fadel & NajlaAbdul Rahman & Amal Awad, 2019. "Disclosure Quality and Dividend Payout in Saudi Firms," International Business Research, Canadian Center of Science and Education, vol. 12(1), pages 16-26, January.
    4. Erkan, Asligul & Fainshmidt, Stav & Judge, William Q., 2016. "Variance decomposition of the country, industry, firm, and firm-year effects on dividend policy," International Business Review, Elsevier, vol. 25(6), pages 1309-1320.
    5. Vélez-Pareja, Ignacio & Magni, Carlo Alberto, 2008. "Potential dividends and actual cash flows. Theoretical and empirical reasons for using ‘actual’ and dismissing ‘potential’, Or: How not to pull potential rabbits out of actual hats," MPRA Paper 7266, University Library of Munich, Germany.
    6. Hall, Thomas & Mateus, Cesario & Mateus, Irina Bezhentseva, 2014. "What determines cash holdings at privately held and publicly traded firms? Evidence from 20 emerging markets," International Review of Financial Analysis, Elsevier, vol. 33(C), pages 104-116.
    7. Phung Anh Thu & Nguyen Vinh Khuong, 2018. "Factors Effect on Corporate Cash Holdings of the Energy Enterprises Listed on Vietnam s Stock Market," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 29-34.
    8. Efstathios Magerakis & Konstantinos Gkillas & Athanasios Tsagkanos & Costas Siriopoulos, 2020. "Firm Size Does Matter: New Evidence on the Determinants of Cash Holdings," JRFM, MDPI, vol. 13(8), pages 1-35, July.
    9. Ignacio Vélez - Pareja & Carlo Alberto Magni, 2009. "Potential Dividends And Actual Cash Flows In Equity Valuation. A Critical Analysis," Estudios Gerenciales, Universidad Icesi, December.
    10. Chintrakarn, Pandej & Jiraporn, Pornsit & Treepongkaruna, Sirimon & Mook Lee, Sang, 2022. "The effect of board independence on dividend payouts: A quasi-natural experiment," The North American Journal of Economics and Finance, Elsevier, vol. 63(C).

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