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- W4313201719 endingPage "102342" @default.
- W4313201719 startingPage "102342" @default.
- W4313201719 abstract "We investigate whether and how CEO marital status is related to dividend policy. We find that firms run by single CEOs are less likely to pay dividends. Further analyses reveal that the aforementioned relation is stronger for single CEOs who are more risk-seeking, have compensation packages with lower pay-performance sensitivity, are less conservative, or are less engaged in corporate social responsibility activities. Our results hold in multiple robustness and endogeneity tests, including propensity score matching, difference-in-differences estimation, and an instrumental variable regression. Overall, our findings contribute to the literature highlighting the importance of CEOs' personal attributes for corporate decisions." @default.
- W4313201719 created "2023-01-06" @default.
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- W4313201719 date "2023-02-01" @default.
- W4313201719 modified "2023-10-16" @default.
- W4313201719 title "CEO marital status and dividend policy" @default.
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- W4313201719 doi "https://doi.org/10.1016/j.jcorpfin.2022.102342" @default.
- W4313201719 hasPublicationYear "2023" @default.
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