Disappearing dividends: changing firm characteristics or lower propensity to pay?
Article Abstract:
Research is presented concerning the payment of dividends by publicly traded firms. The percentage who paid cash dividends decreased to 20.8% in 1999 from 66.5% in 1978. The changing characteristic of these firms is discussed.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2001
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New lists: fundamentals and survival rates
Article Abstract:
The transition in the statistics with regard to the number of firms listed on major U.S. stock markets from 1970s to 1990s is analyzed. The characteristic changes of the new listings where profitability becomes more left skewed and growth becomes more right skewed, resulting in sharp decline in their survival rates are examined.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2004
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Financing decisions: who issues stock?
Article Abstract:
A study analyzing the year-by-year equity decisions of the firm from 1973 to 2002 is presented. The situations and conditions under which a firm is likely to issue stock are examined.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2005
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