메뉴 건너뛰기




Volumn 5, Issue 4, 2004, Pages 409-426

Corporate governance and dividend policy in emerging markets

Author keywords

Corporate governance; Dividend policy; Emerging markets

Indexed keywords


EID: 10644223343     PISSN: 15660141     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ememar.2004.05.003     Document Type: Article
Times cited : (262)

References (32)
  • 1
    • 10344241698 scopus 로고    scopus 로고
    • Does corporate governance affect firm value? Evidence from Korea
    • Working paper, Stanford Law School
    • Black, B., Jang, H., Kim, W., 2002. Does corporate governance affect firm value? Evidence from Korea, Working paper, Stanford Law School.
    • (2002)
    • Black, B.1    Jang, H.2    Kim, W.3
  • 2
    • 0842316883 scopus 로고    scopus 로고
    • Payout policy in the 21st century
    • NBER Working paper #9657
    • Brav, A., Graham, J., Harvey, C., Michaely, R., 2003. Payout policy in the 21st century, NBER Working paper #9657.
    • (2003)
    • Brav, A.1    Graham, J.2    Harvey, C.3    Michaely, R.4
  • 3
    • 10644235123 scopus 로고    scopus 로고
    • Disclosure, corporate governance, and the cost of equity capital: Evidence from Asia's emerging markets
    • Working paper, Hong Kong University of Science and Technology
    • Chen, K.C.W., Chen, Z., Wei, K.C.J., 2003. Disclosure, corporate governance, and the cost of equity capital: Evidence from Asia's emerging markets, Working paper, Hong Kong University of Science and Technology.
    • (2003)
    • Chen, K.C.W.1    Chen, Z.2    Wei, K.C.J.3
  • 4
    • 6344234387 scopus 로고    scopus 로고
    • Corporate risk around the world
    • Working Paper, World Bank
    • Claessens, S., Djankov, S., Nenova, T., 2000. Corporate risk around the world, Working Paper, World Bank.
    • (2000)
    • Claessens, S.1    Djankov, S.2    Nenova, T.3
  • 5
    • 0042261097 scopus 로고    scopus 로고
    • The future as history: The prospects for global convergence in corporate governance and its implications
    • J. Coffee Jr. The future as history: The prospects for global convergence in corporate governance and its implications Northwestern University Law Review 93 1999 641-707
    • (1999) Northwestern University Law Review , vol.93 , pp. 641-707
    • Coffee Jr., J.1
  • 6
    • 10344223717 scopus 로고    scopus 로고
    • Saints and sinners: Who's got religion?
    • Credit Lyonnais Securities Asia Published report
    • Credit Lyonnais Securities Asia, 2001. Saints and sinners: Who's got religion? Published report.
    • (2001)
  • 8
    • 0012535171 scopus 로고    scopus 로고
    • To steal or not to steal: Firm attributes, legal environment, and valuation
    • Working Paper, University of Michigan
    • Durnev, A., Kim, E.H., 2002. To steal or not to steal: Firm attributes, legal environment, and valuation, Working Paper, University of Michigan.
    • (2002)
    • Durnev, A.1    Kim, E.H.2
  • 9
    • 0001413464 scopus 로고
    • Two agency-cost explanations of dividends
    • F. Easterbrook Two agency-cost explanations of dividends American Economic Review 74 1984 650-659
    • (1984) American Economic Review , vol.74 , pp. 650-659
    • Easterbrook, F.1
  • 11
    • 0003164748 scopus 로고    scopus 로고
    • Disappearing dividends: Changing firm characteristics or lower propensity to pay
    • E.F. Fama K.R. French Disappearing dividends: Changing firm characteristics or lower propensity to pay Journal of Financial Economics 60 2001 3-43
    • (2001) Journal of Financial Economics , vol.60 , pp. 3-43
    • Fama, E.F.1    French, K.R.2
  • 13
    • 0043270428 scopus 로고    scopus 로고
    • Corporate governance and dividend pay-out policy in Germany
    • (in press)
    • K. Gugler B. Yurtoglu Corporate governance and dividend pay-out policy in Germany European Economic Review 2003 (in press)
    • (2003) European Economic Review
    • Gugler, K.1    Yurtoglu, B.2
  • 14
    • 2642512164 scopus 로고    scopus 로고
    • The effect of capital structure when expected agency costs are extreme
    • (in press)
    • C. Harvey K.V. Lins A. Roper The effect of capital structure when expected agency costs are extreme Journal of Financial Economics 2004 (in press)
    • (2004) Journal of Financial Economics
    • Harvey, C.1    Lins, K.V.2    Roper, A.3
  • 15
    • 10644238324 scopus 로고    scopus 로고
    • 'LUKOIL' fixed the dividend policy it is carrying out
    • Investor Protection Association, www.corp-gov.org, January 9
    • Investor Protection Association, 2003. 'LUKOIL' fixed the dividend policy it is carrying out, www.corp-gov.org , January 9.
    • (2003)
  • 16
    • 0001066475 scopus 로고
    • Agency costs of free-cash flow, corporate finance, and takeovers
    • M.C. Jensen Agency costs of free-cash flow, corporate finance, and takeovers American Economic Review 76 1986 323-329
    • (1986) American Economic Review , vol.76 , pp. 323-329
    • Jensen, M.C.1
  • 17
    • 0942274181 scopus 로고    scopus 로고
    • Globalization and similarities in corporate governance: A cross-country analysis
    • Working Paper, Harvard Business School
    • Khanna, T., Kogan, J., Palepu, K. 2002. Globalization and similarities in corporate governance: A cross-country analysis, Working Paper, Harvard Business School.
    • (2002)
    • Khanna, T.1    Kogan, J.2    Palepu, K.3
  • 18
    • 0003752890 scopus 로고    scopus 로고
    • Corporate governance, investor protection, and performance in emerging markets
    • World Bank Policy Research Working Paper 2818
    • Klapper, L.F., Love, I., 2002. Corporate governance, investor protection, and performance in emerging markets. World Bank Policy Research Working Paper 2818.
    • (2002)
    • Klapper, L.F.1    Love, I.2
  • 22
    • 0003195790 scopus 로고    scopus 로고
    • Ownership structure, corporate governance, and firm value: Evidence from the East Asian financial crisis
    • M.L. Lemmon K.V. Lins Ownership structure, corporate governance, and firm value: Evidence from the East Asian financial crisis Journal of Finance 58 2003 1445-1468
    • (2003) Journal of Finance , vol.58 , pp. 1445-1468
    • Lemmon, M.L.1    Lins, K.V.2
  • 24
    • 0036094466 scopus 로고    scopus 로고
    • A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis
    • T. Mitton A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis Journal of Financial Economics 64 2002 215-241
    • (2002) Journal of Financial Economics , vol.64 , pp. 215-241
    • Mitton, T.1
  • 25
    • 0041152099 scopus 로고    scopus 로고
    • Outside equity
    • S.C. Myers Outside equity Journal of Finance 55 2000 1005-1037
    • (2000) Journal of Finance , vol.55 , pp. 1005-1037
    • Myers, S.C.1
  • 26
    • 10644240359 scopus 로고    scopus 로고
    • Independent directors find seat on the board
    • (October)
    • A. Nicholson Independent directors find seat on the board Moscow Times 2 2003 14 (October)
    • (2003) Moscow Times , vol.2 , pp. 14
    • Nicholson, A.1
  • 28
    • 0036788673 scopus 로고    scopus 로고
    • Protection of minority shareholder interests, cross-listings in the United States, and subsequent equity offerings
    • W. Reese Jr. M. Weisbach Protection of minority shareholder interests, cross-listings in the United States, and subsequent equity offerings Journal of Financial Economics 66 2002 65-104
    • (2002) Journal of Financial Economics , vol.66 , pp. 65-104
    • Reese Jr., W.1    Weisbach, M.2
  • 30
    • 0003939782 scopus 로고    scopus 로고
    • Globalization of equity markets and the cost of capital
    • NBER Working Paper #7021
    • Stulz, R., 1999. Globalization of equity markets and the cost of capital, NBER Working Paper #7021.
    • (1999)
    • Stulz, R.1
  • 32
    • 0000095552 scopus 로고
    • A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity
    • Hal White A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity Econometrica 48 1980 817-838
    • (1980) Econometrica , vol.48 , pp. 817-838
    • White, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.