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Changes in dividend smoothing after the financial crisis

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dc.contributor.authorRhee, KyungJae-
dc.contributor.authorPark, Kyung Suh-
dc.date.accessioned2021-09-02T04:55:53Z-
dc.date.available2021-09-02T04:55:53Z-
dc.date.created2021-06-18-
dc.date.issued2018-11-
dc.identifier.issn0165-1765-
dc.identifier.urihttps://scholar.korea.ac.kr/handle/2021.sw.korea/72395-
dc.description.abstractThis study examines changes in dividend smoothing among Korean firms after the financial crisis in 2008, and analyzes the factors influencing those changes. We find that the speed of adjustment of firms after the crisis has increased above pre-crisis levels, indicating that firms focus more on investments and the appropriate level of cash facing increased corporate risk, while such tendency is stronger for small firms with higher investment levels. (C) 2018 Published by Elsevier B.V.-
dc.languageEnglish-
dc.language.isoen-
dc.publisherELSEVIER SCIENCE SA-
dc.subjectINVESTMENT-
dc.subjectLESSONS-
dc.titleChanges in dividend smoothing after the financial crisis-
dc.typeArticle-
dc.contributor.affiliatedAuthorPark, Kyung Suh-
dc.identifier.doi10.1016/j.econlet.2018.08.019-
dc.identifier.scopusid2-s2.0-85052337443-
dc.identifier.wosid000448095300011-
dc.identifier.bibliographicCitationECONOMICS LETTERS, v.172, pp.37 - 39-
dc.relation.isPartOfECONOMICS LETTERS-
dc.citation.titleECONOMICS LETTERS-
dc.citation.volume172-
dc.citation.startPage37-
dc.citation.endPage39-
dc.type.rimsART-
dc.type.docTypeArticle-
dc.description.journalClass1-
dc.description.journalRegisteredClassssci-
dc.description.journalRegisteredClassscopus-
dc.relation.journalResearchAreaBusiness & Economics-
dc.relation.journalWebOfScienceCategoryEconomics-
dc.subject.keywordPlusINVESTMENT-
dc.subject.keywordPlusLESSONS-
dc.subject.keywordAuthorFinancial crisis-
dc.subject.keywordAuthorDividend smoothing-
dc.subject.keywordAuthorSpeed of adjustment-
dc.subject.keywordAuthorDividend residual theory-
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