The Role of Earnings Quality in Adopting a Persistent Dividend Policy: The System Generalized Method of Moments

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

AFLATOONI ABBAS; NIKBAKHT ZAHRA; NIKBAKHT ZAHRA

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF MANAGEMENT AND ACCOUNTIN SCHOOL Year:2020 | Volume:17 | Issue:67 Page(s): 153-175

Download Full-Text

Persian Verion

View:

187

Download:

Cites:

Information Journal Paper

Title

The Role of Earnings Quality in Adopting a Persistent Dividend Policy: The System Generalized Method of Moments

Author(s)

AFLATOONI ABBAS | NIKBAKHT ZAHRA | NIKBAKHT ZAHRA | Issue Writer Certificate

Keywords

Earnings quality

Dividends

Generalized Method of Moments

system estimator

Difference Estimator

Abstract

One of the firms’ tools to provide a low-risk image is adopting a persistent dividend policy. However, it should be noted that due to financial constraints, many firms are unable to implement this policy in the long run. This research investigates the role of Earnings quality in adopting a persistent dividend policy in 148 firms listed in Tehran Stock Exchange (TSE) (includes 1628 observations) during 2007-2017. To measure Earnings quality, I use five proxies and to investigate their role in adopting a persistent dividend policy, I employ partial adjustment model and Dividends adjustment speed concept. To estimate the models, I apply the Generalized Method of Moments (GMM) with system estimator. The research results show that compared with other firms, firms with lower total accruals, lower discretionary accruals, higher accruals quality, smoother earnings and higher overall Earnings quality, are more able to conduct a persistent Dividends policy. The research results using differenced-GMM estimator confirm the research primary results. These findings are consistent with the predictions of the signaling theory.

Cites

No record.

References

No record.

Cite

APA: Copy

AFLATOONI, ABBAS, NIKBAKHT, ZAHRA, & NIKBAKHT, ZAHRA. (2020). The Role of Earnings Quality in Adopting a Persistent Dividend Policy: The System Generalized Method of Moments. JOURNAL OF MANAGEMENT AND ACCOUNTIN SCHOOL, 17(67 ), 153-175. SID. https://sid.ir/paper/957751/en

Vancouver: Copy

AFLATOONI ABBAS, NIKBAKHT ZAHRA, NIKBAKHT ZAHRA. The Role of Earnings Quality in Adopting a Persistent Dividend Policy: The System Generalized Method of Moments. JOURNAL OF MANAGEMENT AND ACCOUNTIN SCHOOL[Internet]. 2020;17(67 ):153-175. Available from: https://sid.ir/paper/957751/en

IEEE: Copy

ABBAS AFLATOONI, ZAHRA NIKBAKHT, and ZAHRA NIKBAKHT, “The Role of Earnings Quality in Adopting a Persistent Dividend Policy: The System Generalized Method of Moments,” JOURNAL OF MANAGEMENT AND ACCOUNTIN SCHOOL, vol. 17, no. 67 , pp. 153–175, 2020, [Online]. Available: https://sid.ir/paper/957751/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops