دانلود مقاله ISI انگلیسی شماره 46085
ترجمه فارسی عنوان مقاله

سیاست تقسیم سود بانکی و بحران مالی جهانی: شواهد تجربی از اروپا

عنوان انگلیسی
Bank dividend policy and the global financial crisis: Empirical evidence from Europe
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
46085 2014 7 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : European Journal of Political Economy, Volume 34, Supplement, June 2014, Pages S25–S31

ترجمه کلمات کلیدی
سیاست تقسیم سود - سیگنالینگ سود سهام - مقررات - پایه سرمایه بانک - تجزیه و تحلیل هم انباشتگی - بحران مالی
کلمات کلیدی انگلیسی
Dividend policy; Dividend signalling; Regulation; Bank capital base; Cointegration analysis; Financial crisisE3; G1; G3
پیش نمایش مقاله
پیش نمایش مقاله  سیاست تقسیم سود بانکی و بحران مالی جهانی: شواهد تجربی از اروپا

چکیده انگلیسی

The global financial crisis has caused controversial discussions about the capital base of the banking industry in Europe. Dividend cuts and omissions have been suggested as one possibility to improve the financial strength of banks by retaining earnings. However, there are fears that investors could interpret a reduction of dividends as a sign for future problems. The dividend signalling and dividend smoothing hypotheses quite clearly are the theoretical basis for these worries. The basic idea of this study is that without empirical evidence supporting the hypothesis dividends did matter in the past, banks should not fear dividend cuts or even dividend omissions. The empirical evidence from the European banking industry reported here does not indicate that dividend signalling and dividend smoothing are relevant economic phenomena.