Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | 김성민 | - |
dc.date.accessioned | 2024-08-09T05:00:57Z | - |
dc.date.available | 2024-08-09T05:00:57Z | - |
dc.date.issued | 2022-07-25 | - |
dc.identifier.citation | 선물연구(Journal of Derivatives and Quantitative Studies), v. 30, no 3, page. 219-244 | en_US |
dc.identifier.issn | 1229-988X | en_US |
dc.identifier.uri | https://www.emerald.com/insight/content/doi/10.1108/JDQS-02-2022-0004/full/html | en_US |
dc.identifier.uri | https://repository.hanyang.ac.kr/handle/20.500.11754/191493 | - |
dc.description.abstract | This paper examines whether long-term foreign investors may force firms to use a costly dividend to mitigate inefficient managerial behavior. The authors also hypothesize that the relation between foreign investment horizons and payout policy depends upon the extent of the corporate governance. The authors find that firms held by long-term foreign investors make dividend more often in the subsequent years. The authors also find that foreign investors with long-term investments do not cause firms to pay dividends when firms have strong corporate governance. It suggests that long-term foreign investors serve as a substitute for strong corporate governance with respect to controlling agency conflicts. | en_US |
dc.description.sponsorship | This work was supported by the research fund of Hanyang University (HY-2018-G). | en_US |
dc.language | en_US | en_US |
dc.publisher | 한국파생상품학회 | en_US |
dc.relation.ispartofseries | v. 30, no 3;219-244 | - |
dc.subject | Payout policy | en_US |
dc.subject | Corporate governance | en_US |
dc.subject | Foreign investment horizons | en_US |
dc.subject | Emerging markets | en_US |
dc.title | Foreign investment horizons, corporate governance and payout policy | en_US |
dc.type | Article | en_US |
dc.relation.no | 3 | - |
dc.relation.volume | 30 | - |
dc.identifier.doi | 10.1108/JDQS-02-2022-0004 | en_US |
dc.relation.page | 219-244 | - |
dc.relation.journal | 선물연구 | - |
dc.contributor.googleauthor | Lee, Eun Jung | - |
dc.contributor.googleauthor | Kim, Sungmin | - |
dc.contributor.googleauthor | Jang, Yongwon | - |
dc.relation.code | 2022000624 | - |
dc.sector.campus | E | - |
dc.sector.daehak | COLLEGE OF BUSINESS AND ECONOMICS[E] | - |
dc.sector.department | SCHOOL OF BUSINESS ADMINISTRATION | - |
dc.identifier.pid | sminkim | - |
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