[go: up one dir, main page]
More Web Proxy on the site http://driver.im/
create a website
Why are corporate payouts so high in the 2000s?. (2021). Stulz, Rene M ; Kahle, Kathleen.
In: Journal of Financial Economics.
RePEc:eee:jfinec:v:142:y:2021:i:3:p:1359-1380.

Full description at Econpapers || Download paper

Cited: 12

Citations received by this document

Cites: 35

References cited by this document

Cocites: 31

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. “DOWNSIZE AND DISTRIBUTE” OR “MERGE AND MONOPOLIZE”? A CRITIQUE OF CORPORATE FINANCIALIZATION THEORIES. (2024). Reddy, Niall.
    In: SocArXiv.
    RePEc:osf:socarx:2zy5h.

    Full description at Econpapers || Download paper

  2. Corporate payouts in Australia. (2023). Zhong, Angel ; Chiah, Mardy ; Cheema, Muhammad A.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:79:y:2023:i:c:s0927538x23000562.

    Full description at Econpapers || Download paper

  3. Quarterly investment spikes, stock returns, and the investment factor. (2023). Schnitzler, Jan ; Altieri, Michela.
    In: Journal of Financial Markets.
    RePEc:eee:finmar:v:66:y:2023:i:c:s1386418123000332.

    Full description at Econpapers || Download paper

  4. Share repurchases on trial: Large?sample evidence on share price performance, executive compensation, and corporate investment. (2023). Venkat, Parth ; Kothari, S P ; Guest, Nicholas.
    In: Financial Management.
    RePEc:bla:finmgt:v:52:y:2023:i:1:p:19-40.

    Full description at Econpapers || Download paper

  5. Presidential Address: Corporate Finance and Reality. (2022). Graham, John R.
    In: Journal of Finance.
    RePEc:bla:jfinan:v:77:y:2022:i:4:p:1975-2049.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Alexander, L. ; Eberly, J. Investment hollowing out. 2018 IMF Econ. Rev.. 66 5-30

  2. Almeida, H. ; Fos, V. ; Kronlund, M. The real effects of share repurchases. 2016 J. Financ. Econ.. 119 168-185

  3. Baker, M. ; Wurgler, J. Market timing and capital structure. 2002 J. Finance. 57 1-32

  4. Banyi, M. ; Dyl, E. ; Kahle, K. Errors in estimating share repurchases. 2008 J. Corp. Finance. 14 460-474

  5. Bates, T. ; Kahle, K. ; Stulz, R. Why do U.S. firms hold so much more cash than they used to?. 2009 J. Finance. 64 1985-2021

  6. Bennett, B. ; Wang, Z. Stock Repurchases and the 2017 Tax Cuts and Jobs Act. 2021 :
    Paper not yet in RePEc: Add citation now
  7. Billett, M.T. ; King, T.-.H. ; Mauer, D.C. Growth opportunities and the choice of leverage, debt maturity, and covenants. 2007 J. Finance. 62 697-730

  8. Bonaimé, A. ; Kahle, K. ; Moore, D. ; Nemani, A. Employee compensation still impacts payout policy. 2020 Critical Finance Review. -
    Paper not yet in RePEc: Add citation now
  9. DeAngelo, H. ; DeAngelo, L. ; Skinner, D. Are dividends disappearing? Dividend concentration and the consolidation of earnings. 2004 J. Financ. Econ.. 72 425-456

  10. DeAngelo, H. ; DeAngelo, L. ; Skinner, D. Corporate payout policy. 2008 Found. Trends Finance. 3 95-287
    Paper not yet in RePEc: Add citation now
  11. DeAngelo, H. ; DeAngelo, L. ; Stulz, R. Dividend policy and the earned/contributed capital mix: a test of the lifecycle theory. 2006 J. Financ. Econ.. 79 293-315

  12. Dharmapala, D. ; Foley, C.F. ; Forbes, K.J. Watch what I do, not what I say: the unintended consequences of the Homeland Investment Act. 2011 J. Finance. 66 753-787

  13. Dittmar, A. ; Dittmar, R. Stock Repurchase waves: an Explanation of the Trends in Aggregate Corporate Payout Policy. 2004 :
    Paper not yet in RePEc: Add citation now
  14. Doidge, C.G. ; Karolyi, A. ; Stulz, R.M. The U.S. listing gap. 2017 J. Financ. Econ.. 123 464-487

  15. Fama, E. ; French, K. Disappearing dividends: changing firm characteristics or lower propensity to pay?. 2001 J. Financ. Econ.. 60 3-43

  16. Farre-Mensa, J. ; Michaely, R. ; Schmalz, M.C. Financing Payouts. 2020 :
    Paper not yet in RePEc: Add citation now
  17. Farre-Mensa, J. ; Michaely, R. ; Schmalz, M.C. Payout policy. 2014 Ann. Rev. Financ. Econ.. 6 75-134
    Paper not yet in RePEc: Add citation now
  18. Faulkender, M. ; Petersen, M. Investment and capital constraints: repatriations under the American Jobs Creation Act. 2012 Rev. Financial Studies. 25 3351-3388

  19. Floyd, E. ; Li, N. ; Skinner, D.J. Payout policy through the financial crisis: the growth of repurchases and the resilience of dividends. 2015 J. Financ. Econ.. 118 299-316

  20. Grullon, G. ; Michaely, R. Dividends, share repurchases and the substitution hypothesis. 2002 J. Finance. 57 1649-1684

  21. Grullon, G. ; Paye, B. ; Underwood, S. ; Weston, J. Has the propensity to pay out declined?. 2011 J. Financ. Quant. Anal.. 46 1-24

  22. Gutiérrez, G. ; Philippon, T. Investment-less growth: an empirical investigation. 2017 Brookings Pap. Econ. Act. 48 89-190

  23. Holmstrom, B. ; Kaplan, S. Corporate governance and merger activity in the United States: making sense of the 1980s and 1990s. 2001 J. Econ. Perspect.. 15 121-144

  24. Jagannathan, M. ; Stephens, C. ; Weisbach, M. Financial flexibility and the choice between dividends and stock repurchases. 2000 J. Financ. Econ.. 57 355-384

  25. Jensen, M.C. Agency costs of free cash flow, corporate finance, and takeovers. 1986 Am. Econ. Rev.. 76 323-329

  26. Kahle, K. When a buyback isn't a buyback: open-market repurchases and employee options. 2002 J. Financ. Econ.. 63 235-261
    Paper not yet in RePEc: Add citation now
  27. Kahle, K.M. ; Stulz, R.M. Is the US public corporation in trouble?. 2017 J. Econ. Perspect.. 31 67-88

  28. Lee, D. ; Shin, H. ; Stulz, R.M. Why does capital no longer flow more to the industries with the best growth opportunities?. 2020 Rev. Financ. Stud.. 34 1867-1906
    Paper not yet in RePEc: Add citation now
  29. Loderer, C. ; Stulz, R.M. ; Waelchli, U. Firm rigidities and the decline in growth opportunities. 2017 Manage Sci.. 63 3000-3020

  30. Ma, Y. Non-financial firms as cross-market arbitrageurs. 2019 J. Finance. 74 3041-3087

  31. Michaely, R. ; Moin, A. Disappearing and reappearing dividends. 2020 J. Financ. Econ.. -
    Paper not yet in RePEc: Add citation now
  32. Peters, R.H. ; Taylor, L.A. Intangible capital and the investment-q relation. 2017 J. Financ. Econ.. 123 251-272

  33. Skinner, D. The evolving relation between earnings, dividends, and stock repurchases. 2008 J. Financ. Econ.. 87 582-609

  34. Smith, C.W. ; Watts, R. The investment opportunity set and corporate financing, dividend, and compensation policies. 1992 J. Financ. Econ.. 32 263-292

  35. Stigler, G.J. A theory of oligopoly. 1964 J. Polit. Econ.. 72 44-61
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Why Is Productivity Slowing Down?. (2024). Lafond, François ; Koutroumpis, Pantelis ; Goldin, Ian ; Winkler, Julian.
    In: Journal of Economic Literature.
    RePEc:aea:jeclit:v:62:y:2024:i:1:p:196-268.

    Full description at Econpapers || Download paper

  2. Tangible and intangible investments and sales growth of US firms. (2023). Rabinovich, Joel.
    In: Structural Change and Economic Dynamics.
    RePEc:eee:streco:v:66:y:2023:i:c:p:200-212.

    Full description at Econpapers || Download paper

  3. Analysing SME investment, financing constraints and its determinants. A stochastic frontier approach. (2023). O'Toole, Conor ; Lawless, Martina ; Martinez-Cillero, Maria.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:85:y:2023:i:c:p:578-588.

    Full description at Econpapers || Download paper

  4. Share buybacks and corporate tax cuts. (2023). Yang, Shu-Chun ; Lin, Hsieh-Yu ; Kuo, Chun-Hung ; Chang, Juin-Jen.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:151:y:2023:i:c:s0165188923000283.

    Full description at Econpapers || Download paper

  5. Temperature and Local Industry Concentration. (2023). Xu, Qiping ; Ponticelli, Jacopo ; Zeume, Stefan.
    In: Working Papers.
    RePEc:cen:wpaper:23-51.

    Full description at Econpapers || Download paper

  6. Financialization and sluggish recovery of firms investment: Global evidence from the 2007–2008 financial crisis. (2023). Wang, Shenqguan ; Luo, Mingjin.
    In: International Finance.
    RePEc:bla:intfin:v:26:y:2023:i:3:p:344-363.

    Full description at Econpapers || Download paper

  7. Structural Change in the Investment Function. (2022). Mason, Paul ; Ozdemir, Nilufer ; Triplett, Russell E.
    In: Journal of Economics and Finance.
    RePEc:spr:jecfin:v:46:y:2022:i:1:d:10.1007_s12197-021-09564-6.

    Full description at Econpapers || Download paper

  8. Share Buybacks and Corporate Tax Cuts. (2022). Yang, Shu-Chun S ; Lin, Hsieh-Yu ; Kuo, Chun-Hung ; Chang, Juin-Jen.
    In: IEAS Working Paper : academic research.
    RePEc:sin:wpaper:22-a005.

    Full description at Econpapers || Download paper

  9. The evolving contribution of R&D, advertising and capital expenditures for US-listed firms’ growth in sales, 1979-2018. A quantile regression analysis. (2022). Rabinovich, Joel.
    In: Working Papers.
    RePEc:hal:wpaper:hal-03539656.

    Full description at Econpapers || Download paper

  10. Why Do U.S. Firms Invest Less over Time?. (2022). Wang, Rong ; Huang, Sheng ; Fu, Fangjian.
    In: Journal of Empirical Finance.
    RePEc:eee:empfin:v:69:y:2022:i:c:p:15-42.

    Full description at Econpapers || Download paper

  11. Research and development as an initiator of fixed capital investment. (2021). Woerter, Martin ; Spescha, Andrin.
    In: Journal of Evolutionary Economics.
    RePEc:spr:joevec:v:31:y:2021:i:1:d:10.1007_s00191-020-00681-9.

    Full description at Econpapers || Download paper

  12. Intangibles, markups, and the measurement of productivity growth. (2021). Eberly, Janice ; Crouzet, Nicolas.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:124:y:2021:i:s:p:s92-s109.

    Full description at Econpapers || Download paper

  13. Why are corporate payouts so high in the 2000s?. (2021). Stulz, Rene M ; Kahle, Kathleen.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:142:y:2021:i:3:p:1359-1380.

    Full description at Econpapers || Download paper

  14. Why is productivity slowing down?. (2020). Lafond, François ; Winkler, Julian ; Koutroumpis, Pantelis ; Goldin, Ian.
    In: MPRA Paper.
    RePEc:pra:mprapa:99172.

    Full description at Econpapers || Download paper

  15. Are Corporate Payouts Abnormally High in the 2000s?. (2020). Stulz, René ; Kahle, Kathleen .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:26958.

    Full description at Econpapers || Download paper

  16. Factor shares and the rise in corporate net lending. (2020). Behringer, Jan.
    In: FMM Working Paper.
    RePEc:imk:fmmpap:53-2019.

    Full description at Econpapers || Download paper

  17. Puzzles in Non-Financial Corporate Sector Savings across the G20. (2020). D'Adamo, Gaetano ; Gampfer, Robert ; DAdamo, Gaetano ; Stanoeva, Guergana ; Habet, Martin ; Granelli, Lucia.
    In: European Economy - Economic Briefs.
    RePEc:euf:ecobri:063.

    Full description at Econpapers || Download paper

  18. Intangibles and the UK under-investment puzzle: Evidence from firm-level panel data. (2020). Zhang, Dongna.
    In: Economics Letters.
    RePEc:eee:ecolet:v:194:y:2020:i:c:s0165176520302445.

    Full description at Econpapers || Download paper

  19. Why Is Corporate Tax Revenue Stable While Tax Rates Fall? Evidence from Firm-Level Data. (2020). Fuest, Clemens ; Hugger, Felix ; Wildgruber, Susanne.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_8605.

    Full description at Econpapers || Download paper

  20. Corporate investment and the exchange rate : The financial channel. (2020). Mehrotra, Aaron ; Hofmann, Boris ; Banerjee, Ryan.
    In: BOFIT Discussion Papers.
    RePEc:bof:bofitp:2020_006.

    Full description at Econpapers || Download paper

  21. Corporate investment and the exchange rate: The financial channel. (2020). Mehrotra, Aaron ; Hofmann, Boris ; Banerjee, Ryan.
    In: BIS Working Papers.
    RePEc:bis:biswps:839.

    Full description at Econpapers || Download paper

  22. The Financing of Investment: Firm Size, Asset Tangibility and the Size of Investment. (2020). Vinas, Frederic ; Lé, Mathias.
    In: Working papers.
    RePEc:bfr:banfra:777.

    Full description at Econpapers || Download paper

  23. The Global Rise of Asset Prices and the Decline of the Labor Share. (2019). Trivin, Pedro ; Gonzalez, Ignacio.
    In: MPRA Paper.
    RePEc:pra:mprapa:94587.

    Full description at Econpapers || Download paper

  24. Understanding Weak Capital Investment: the Role of Market Concentration and Intangibles. (2019). Eberly, Janice ; Crouzet, Nicolas.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:25869.

    Full description at Econpapers || Download paper

  25. Comment on From Good to Bad Concentration? U.S. Industries over the Past 30 Years. (2019). Eberly, Janice C.
    In: NBER Chapters.
    RePEc:nbr:nberch:14238.

    Full description at Econpapers || Download paper

  26. Factor shares and the rise in corporate net lending. (2019). Behringer, Jan.
    In: IMK Working Paper.
    RePEc:imk:wpaper:202-2019.

    Full description at Econpapers || Download paper

  27. Has Business Fixed Investment Really Been Unusually Low?. (2019). Gourio, Francois.
    In: Chicago Fed Letter.
    RePEc:fip:fedhle:00106.

    Full description at Econpapers || Download paper

  28. Why Is Investment So Weak Despite High Profitability? A panel study of Japanese manufacturing firms. (2019). Sterken, Elmer ; Ichiro, TOKUTSU ; Kazuo, OGAWA .
    In: Discussion papers.
    RePEc:eti:dpaper:19009.

    Full description at Econpapers || Download paper

  29. Knowledge Cycles and Corporate Investment. (2019). Fresard, Laurent ; Cujean, Julien ; Bustamante, Maria Cecilia.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:14152.

    Full description at Econpapers || Download paper

  30. .

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-01-01 15:48:42 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.