摘要 : Agency theory suggests that CEOs view dividends unfavorably because dividend payouts deprive them of the free cash flow they could otherwise exploit. Using Bebchuk, Cremers, and Peyer's (2011) CEO pay slice (CPS) to measure CEO po... 展开
作者 | Chintrakarn~ Pandej Chatjuthamard~ Pattanaporn Tong~ Shenghui Jiraporn~ Pornsit |
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作者单位 | |
期刊名称 | 《International Review of Economics and Finance》 |
页码/总页数 | 49-64 / 16 |
语种 | 英语 |
关键词 | Dividends Dividend policy CEO pay slice CEO power Repurchases Buybacks Agency theory |
DOI | 10.1016/j.iref.2018.02.023 |
馆藏号 | F-147 |