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Dividend Policy and Bank Opacity Analysis by YonasSendaba is a document available to read on EtoBox.
What is Dividend Policy and Bank Opacity Analysis about?
The study investigates the impact of dividend policy on bank opacity, revealing a dual effect where paying dividends can reduce opacity through increased market discipline, while excessive dividend payments may lead to greater earnings management. Analyzing a sample of 2,483 U.S. bank holding companies from 2001 to 2013, the findings indicate that dividend-paying banks exhibit lower discretionary loan loss provisions compared to non-payers, but excessive dividends correlate with increased earnings managemen
- Author
- YonasSendaba
- Language
- EN