English  |  正體中文  |  简体中文  |  Items with full text/Total items : 53097/88159 (60%)
Visitors : 9594693      Online Users : 54
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/116136


    Title: Dividend payouts and family-controlled firms – The effect of culture on business
    Authors: Manhwa Wu;Yensen Ni;Paoyu Huang
    Keywords: Dividend payouts;culture;financial performance;family-controlled firms
    Date: 2019-03-20
    Issue Date: 2019-03-30 12:13:47 (UTC+8)
    Abstract: Our paper reveals that family-controlled firms pay less cash dividends than non-family-controlled firms in Taiwan, which differs from moderating proxy problems by increasing dividend payouts due to reduced free cash flow. These family-controlled firms might not be regarded as a problem due to the improved corporate governance and high firm value in Taiwan, which is contrary to relevant studies. Dividend payouts for family-controlled firms in the West and East, such as asset allocation, might be affected by various factors, including culture, nationality, and philosophy, which are seldom considered deliberately in existing literature.
    Relation: The Quarterly Review of Economics and Finance
    DOI: 10.1016/j.qref.2019.03.004
    Appears in Collections:[Department of Management Sciences] Journal Article

    Files in This Item:

    File Description SizeFormat
    Dividend payouts and family-controlled firms—The effect of culture on business.pdf740KbAdobe PDF0View/Open
    index.html0KbHTML21View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.


    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback