This paper consists of a review of the literature about dividend policy in Brazil, focusing on the empirical studies conducted from 1990 to 2010 that were published in major Brazilian administration, accounting and finance ...

The conventional wisdom is that the aggregate stock price is predictable by the lagged pricedividend ratio, and that aggregate dividends follow approximately a random-walk. Contrary to this belief, this paper finds that ...

This paper checks for the predictability of stocks negotiated in Sao Paulo Stock Exchange index from aggregate dividend yield. It examined a multiple regression of the excess return (Risk Premium) and return in relation ...

Based on the agency theory, this paper analyzes whether family firms pay more dividends compared to no-family firms and identifies whether the board composition affects the dividend policy. Brazil and Chile have established ...

Signaling models contributed to the corporate finance literature by formalizing 'the informational content of dividends' hypothesis. However, these models are under criticism as the empirical literature found weak evidences ...

This study analyzes the behavior of stock prices around the ex-dividend date focusing on the effects of a major tax reduction. Using the 40 most heavily traded shares on the Santiago Stock Exchange, the study evaluates ...

Signaling models have contributed to the corporate finance literature by formalizing 'the informational content of dividends' hypothesis. However, these models are under criticism of empirical literature, as weak evidences ...

This research had the objective to examine what is the influence of tributary legislation changes in Brazilian companies dividends politics, testing Fiscal Preference Theory influence on dividends politics of companies ...

This research had the objective to examine what is the influence of tributary legislation changes in Brazilian companies dividends politics, testing Fiscal Preference Theory influence on dividends politics of companies ...