Dividends and family ownership: evidence from Indonesia
Mulyani, Evy 2014, Dividends and family ownership: evidence from Indonesia, Ph.D. thesis, School of Accounting Economics and Finance, Deakin University.
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Dividends and family ownership: evidence from Indonesia
The thesis finds a significant negative association between family ownership and dividend payout in the Indonesian market. . It is revealed that the market does not disregard the existence of family ownership in reacting to dividend announcements. It documents dividend-paying family firms are associated with lower abnormal accruals as as a proxy of earnings management.
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