Dividend signaling or dividend smoothing? New empirical evidence from the italian insurance industry after the global financial crisis

This empirical study examines the dividend policy of insurance companies in Italy after the Global Financial Crisis. There is clear evidence for dividend signaling in this period of time. Moreover, the relationship between stock prices and dividend payments is analyzed in more detail. Additionally,...

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Detalles Bibliográficos
Autores principales: Basse, Tobias, Reddemann, Sebastian, Rodriguez Gonzalez, Miguel
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Abhandlung
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9735141/
http://dx.doi.org/10.1007/s12297-022-00542-3
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author Basse, Tobias
Reddemann, Sebastian
Rodriguez Gonzalez, Miguel
author_facet Basse, Tobias
Reddemann, Sebastian
Rodriguez Gonzalez, Miguel
author_sort Basse, Tobias
collection PubMed
description This empirical study examines the dividend policy of insurance companies in Italy after the Global Financial Crisis. There is clear evidence for dividend signaling in this period of time. Moreover, the relationship between stock prices and dividend payments is analyzed in more detail. Additionally, the paper also discusses macroeconomic and regulatory issues that could be of relevance for the dividend policy of the Italian insurance industry. In this context the study exemplarily discusses the possible role of inflation and of regulatory restrictions on dividend payouts in the financial services industry.
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spelling pubmed-97351412022-12-12 Dividend signaling or dividend smoothing? New empirical evidence from the italian insurance industry after the global financial crisis Basse, Tobias Reddemann, Sebastian Rodriguez Gonzalez, Miguel ZVersWiss Abhandlung This empirical study examines the dividend policy of insurance companies in Italy after the Global Financial Crisis. There is clear evidence for dividend signaling in this period of time. Moreover, the relationship between stock prices and dividend payments is analyzed in more detail. Additionally, the paper also discusses macroeconomic and regulatory issues that could be of relevance for the dividend policy of the Italian insurance industry. In this context the study exemplarily discusses the possible role of inflation and of regulatory restrictions on dividend payouts in the financial services industry. Springer Berlin Heidelberg 2022-12-08 2022 /pmc/articles/PMC9735141/ http://dx.doi.org/10.1007/s12297-022-00542-3 Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Abhandlung
Basse, Tobias
Reddemann, Sebastian
Rodriguez Gonzalez, Miguel
Dividend signaling or dividend smoothing? New empirical evidence from the italian insurance industry after the global financial crisis
title Dividend signaling or dividend smoothing? New empirical evidence from the italian insurance industry after the global financial crisis
title_full Dividend signaling or dividend smoothing? New empirical evidence from the italian insurance industry after the global financial crisis
title_fullStr Dividend signaling or dividend smoothing? New empirical evidence from the italian insurance industry after the global financial crisis
title_full_unstemmed Dividend signaling or dividend smoothing? New empirical evidence from the italian insurance industry after the global financial crisis
title_short Dividend signaling or dividend smoothing? New empirical evidence from the italian insurance industry after the global financial crisis
title_sort dividend signaling or dividend smoothing? new empirical evidence from the italian insurance industry after the global financial crisis
topic Abhandlung
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9735141/
http://dx.doi.org/10.1007/s12297-022-00542-3
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