Talented managers, bank dividend policy and policy uncertainty

被引：0
|
作者：
Tran, Dung V. [1 ]
机构：
[1] Banking Acad Vietnam, Banking Res Inst, 12 Chua Boc, Hanoi, Vietnam
来源：
APPLIED ECONOMICS LETTERS | 2024年
关键词：
Dividend policy; managerial ability; policy uncertainty; banks; ABILITY;
D O I：
10.1080/13504851.2024.2365948
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The paper examines whether bank managers have significant idiosyncratic effects on dividend policy that are not related to bank characteristics. Using the quarterly data of US banks from 2001:Q1-2021:Q2, we document high ably-managed banks tend to pay higher dividends, and this effect is more pronounced amid high policy uncertainty. Our findings remain robust under a battery of robustness tests.
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页数：5
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