Dividend payouts and family-controlled firms – The effect of culture on business
學年 108
學期 2
出版（發表）日期 2020-02-15
作品名稱 Dividend payouts and family-controlled firms – The effect of culture on business
作品名稱（其他語言）
著者 Manhwa Wu; Yensen Ni; Paoyu Huang
單位
出版者
著錄名稱、卷期、頁數 The Quarterly Review of Economics and Finance 75, p.221-228
摘要 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.
關鍵字 Dividend payouts;culture;financial performance;family-controlled firms
語言 en_US
ISSN
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Yensen NI
審稿制度 是
國別 USA
公開徵稿
出版型式 ,電子版
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/116136 )

SDGS 優質教育,負責任的消費與生產