Dividend policy and corporate integrity: Insights from textual analysis of earnings calls
Using an advanced measure of corporate integrity derived from textual analysis of earnings conference calls, we show that firms with stronger corporate integrity distribute significantly larger dividends. Consistent with agency theory, greater integrity reduces agency conflicts and encourages manage...
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| Autori principali: | , , |
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| Natura: | Artigo |
| Lingua: | Inglês |
| Pubblicazione: |
Elsevier
2026-04-01
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| Serie: | International Review of Economics & Finance |
| Soggetti: | |
| Accesso online: | http://www.sciencedirect.com/science/article/pii/S1059056026002728 |
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