Bank affiliations and corporate dividend policy in pre-World War I Belgium

We investigate the impact of universal banks on the dividend policy of affiliated companies, in an environment characterised by poor investor protection, booming stock markets and strong banks. Our results, based on a unique sample of 428 listed companies in pre-World War I Belgium, are consistent w...

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Veröffentlicht in:	Business history 2010-07, Vol.52 (4), p.590-616
Hauptverfasser:	Deloof, Marc, Roggeman, Annelies, Van Overfelt, Wouter
Format:	Artikel
Sprache:	eng
Schlagworte:	Banking industry Banks Belgium Business enterprises Business reputation Company business management Company dividends Corporate finance Corporate governance Dividend policy Dividends Economic aspects Financial history History Impact analysis Management Profit Reputations Stock exchange Stockholders Studies World War I
Online-Zugang:	Volltext
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