{"id":"https://openalex.org/W2072621499","doi":"https://doi.org/10.1108/15587891311300990","title":"Economic reforms, determinants and stability of dividends in a dynamic setting","display_name":"Economic reforms, determinants and stability of dividends in a dynamic setting","publication_year":2013,"publication_date":"2013-01-11","ids":{"openalex":"https://openalex.org/W2072621499","doi":"https://doi.org/10.1108/15587891311300990","mag":"2072621499"},"language":"en","primary_location":{"id":"doi:10.1108/15587891311300990","doi":"https://doi.org/10.1108/15587891311300990","is_oa":false,"landing_page_url":"https://doi.org/10.1108/15587891311300990","pdf_url":null,"source":{"id":"https://openalex.org/S202264103","display_name":"Journal of Asia Business Studies","issn_l":"1558-7894","issn":["1558-7894","1559-2243"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-1"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Asia Business Studies","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5038683608","display_name":"Manoj Subhash Kamat","orcid":"https://orcid.org/0000-0003-3615-1639","observed_orcids":["https://orcid.org/0000-0003-3615-1639"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Manoj Subhash Kamat","raw_affiliation_strings":["Department of Commerce, Vidya Vikas Mandals Shree Damodar College of Commerce and Economics, Goa, India","Department of Economics, Vidya Vikas Mandals Shree Damodar College of Commerce and Economics, Goa, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Commerce, Vidya Vikas Mandals Shree Damodar College of Commerce and Economics, Goa, India","institution_ids":[]},{"raw_affiliation_string":"Department of Economics, Vidya Vikas Mandals Shree Damodar College of Commerce and Economics, Goa, India","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5009924808","display_name":"Manasvi Manoj Kamat","orcid":"https://orcid.org/0000-0002-6698-794X","observed_orcids":["https://orcid.org/0000-0002-6698-794X"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Manasvi M. Kamat","raw_affiliation_strings":["Department of Commerce, Vidya Vikas Mandals Shree Damodar College of Commerce and Economics, Goa, India","Department of Economics, Vidya Vikas Mandals Shree Damodar College of Commerce and Economics, Goa, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Commerce, Vidya Vikas Mandals Shree Damodar College of Commerce and Economics, Goa, India","institution_ids":[]},{"raw_affiliation_string":"Department of Economics, Vidya Vikas Mandals Shree Damodar College of Commerce and Economics, Goa, India","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.1012,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":{"value":0.84789275,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":87,"max":97},"biblio":{"volume":"7","issue":"1","first_page":"5","last_page":"30"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/dividend-policy","display_name":"dividend policy","score":0.8859999775886536},{"id":"https://openalex.org/keywords/dividend-smoothing","display_name":"dividend smoothing","score":0.7900000214576721},{"id":"https://openalex.org/keywords/dividend-stability","display_name":"dividend stability","score":0.6869999766349792},{"id":"https://openalex.org/keywords/economic-reform","display_name":"economic reform","score":0.9269999861717224},{"id":"https://openalex.org/keywords/earnings-retention","display_name":"earnings retention","score":0.6359999775886536},{"id":"https://openalex.org/keywords/speed-of-adjustment","display_name":"speed of adjustment","score":0.6159999966621399},{"id":"https://openalex.org/keywords/emerging-market-firms","display_name":"emerging market firms","score":0.367000013589859}],"concepts":[{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.759167492389679},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6230519413948059},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.6097697019577026},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.6054095029830933},{"id":"https://openalex.org/C59399099","wikidata":"https://www.wikidata.org/wiki/Q5284040","display_name":"Dividend policy","level":3,"score":0.5316382646560669},{"id":"https://openalex.org/C2776950860","wikidata":"https://www.wikidata.org/wiki/Q2914681","display_name":"Originality","level":3,"score":0.494279146194458},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4779365360736847},{"id":"https://openalex.org/C121087249","wikidata":"https://www.wikidata.org/wiki/Q546395","display_name":"Emerging markets","level":2,"score":0.4391290545463562},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.32313811779022217},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.32108569145202637},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.2761024832725525},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.19399669766426086},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.16151127219200134},{"id":"https://openalex.org/C190248442","wikidata":"https://www.wikidata.org/wiki/Q839486","display_name":"Qualitative research","level":2,"score":0.12203049659729004},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/15587891311300990","doi":"https://doi.org/10.1108/15587891311300990","is_oa":false,"landing_page_url":"https://doi.org/10.1108/15587891311300990","pdf_url":null,"source":{"id":"https://openalex.org/S202264103","display_name":"Journal of Asia Business Studies","issn_l":"1558-7894","issn":["1558-7894","1559-2243"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-1"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Asia Business Studies","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","score":0.6452000141143799,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":88,"referenced_works":["https://openalex.org/W167655015","https://openalex.org/W580367028","https://openalex.org/W1490288128","https://openalex.org/W1527106082","https://openalex.org/W1531758582","https://openalex.org/W1585500105","https://openalex.org/W1591056545","https://openalex.org/W1602672822","https://openalex.org/W1604261998","https://openalex.org/W1748116906","https://openalex.org/W1824463976","https://openalex.org/W1968372685","https://openalex.org/W1970546149","https://openalex.org/W1983429103","https://openalex.org/W1988346474","https://openalex.org/W2015716299","https://openalex.org/W2020970716","https://openalex.org/W2022343212","https://openalex.org/W2024917246","https://openalex.org/W2025610165","https://openalex.org/W2028995298","https://openalex.org/W2035554302","https://openalex.org/W2037918519","https://openalex.org/W2047527598","https://openalex.org/W2053504955","https://openalex.org/W2063955807","https://openalex.org/W2072020814","https://openalex.org/W2075235902","https://openalex.org/W2084310832","https://openalex.org/W2084695533","https://openalex.org/W2092532477","https://openalex.org/W2096834420","https://openalex.org/W2098379462","https://openalex.org/W2099559374","https://openalex.org/W2100821217","https://openalex.org/W2102040605","https://openalex.org/W2108793759","https://openalex.org/W2110153620","https://openalex.org/W2111384383","https://openalex.org/W2112675628","https://openalex.org/W2115846503","https://openalex.org/W2116030676","https://openalex.org/W2116490166","https://openalex.org/W2119421274","https://openalex.org/W2121889586","https://openalex.org/W2122529435","https://openalex.org/W2128292281","https://openalex.org/W2129123189","https://openalex.org/W2141333457","https://openalex.org/W2141632790","https://openalex.org/W2144357229","https://openalex.org/W2145143570","https://openalex.org/W2146880834","https://openalex.org/W2150625665","https://openalex.org/W2153224480","https://openalex.org/W2153524047","https://openalex.org/W2154251199","https://openalex.org/W2156652062","https://openalex.org/W2157122790","https://openalex.org/W2160860931","https://openalex.org/W2161860268","https://openalex.org/W2162949640","https://openalex.org/W2165458154","https://openalex.org/W2172766790","https://openalex.org/W2223768511","https://openalex.org/W2233659528","https://openalex.org/W2275285586","https://openalex.org/W3021038750","https://openalex.org/W3049169258","https://openalex.org/W3121131820","https://openalex.org/W3121173703","https://openalex.org/W3121403162","https://openalex.org/W3121836629","https://openalex.org/W3122368200","https://openalex.org/W3123063342","https://openalex.org/W3123820256","https://openalex.org/W3124259699","https://openalex.org/W3124844774","https://openalex.org/W3124871904","https://openalex.org/W3125440593","https://openalex.org/W3125709030","https://openalex.org/W3125898175","https://openalex.org/W3126049498","https://openalex.org/W4248764197","https://openalex.org/W4285719527","https://openalex.org/W4321269924","https://openalex.org/W7029225389","https://openalex.org/W7213257677"],"related_works":["https://openalex.org/W2186449425","https://openalex.org/W3046184769","https://openalex.org/W4246672869","https://openalex.org/W7095971969","https://openalex.org/W2606214926","https://openalex.org/W3188809383","https://openalex.org/W2478917773","https://openalex.org/W2743014658","https://openalex.org/W2803504499","https://openalex.org/W4391970412"],"abstract_inverted_index":{"Purpose":[0],"This":[1,201],"study":[2,46],"aims":[3],"to":[4,73,97,121,136,206],"find":[5],"whether":[6,17],"the":[7,22,29,48,80,91,95,131,149,167,240],"Indian":[8,222],"private":[9],"corporate":[10,241],"sector":[11],"follow":[12],"stable":[13],"cash":[14],"dividend":[15,25,179,212,242],"policies,":[16],"dividends":[18,37,84,99,109],"smoothen":[19,98],"earnings,":[20],"estimate":[21],"implicit":[23],"target":[24,42],"ratio,":[26],"and":[27,68,94,117,126,140,163,177,231,237],"examine":[28],"determinants":[30],"along":[31],"with":[32,87],"speed":[33],"of":[34,36,166,189,211,216,239],"adjustment":[35],"towards":[38],"a":[39,185,203,208],"long":[40,174],"run":[41,175],"ratio.":[43],"Design/methodology/approach":[44],"The":[45,64,105,171],"uses":[47],"instrumental":[49],"variable":[50],"(IV)":[51],"approach":[52],"for":[53,57,61,111,114,184,196,225],"dynamic":[54,218],"panel":[55,219],"data":[56,147,162,220],"1971\u20102010":[58],"periods":[59],"controlling":[60,181,224],"economic":[62,92,182],"reforms.":[63],"GMM\u2010in\u2010levels":[65],"model,":[66],"GMM\u2010in\u2010first\u2010differences":[67],"GMM\u2010in\u2010systems":[69],"are":[70,85],"alternatively":[71],"estimated":[72,106],"include":[74,155],"other":[75],"lag":[76],"structures.":[77],"Findings":[78],"In":[79],"post\u2010reform":[81],"period":[82],"lower":[83],"consistent":[86],"rapid":[88],"growth":[89,116],"in":[90],"environment":[93],"tendency":[96],"has":[100],"considerably":[101],"decreased":[102],"over":[103],"time.":[104],"model":[107],"suggests":[108],"substitute":[110],"less":[112],"opportunity":[113],"internal":[115],"increased":[118],"general":[119],"likening":[120],"relatively":[122,186],"retain":[123],"their":[124,128],"earnings":[125],"finance":[127],"growth,":[129],"unlike":[130],"past.":[132],"Research":[133],"limitations/implications":[134],"Limitation":[135],"capture":[137,160],"substitution,":[138],"ownership":[139],"self":[141],"selection":[142],"effects":[143],"stems":[144],"up":[145],"from":[146],"as":[148],"Annual":[150],"Studies":[151],"RBI":[152],"does":[153,158],"not":[154,159],"such":[156],"variables,":[157],"qualitative":[161],"disallows":[164],"identification":[165],"firm.":[168],"Practical":[169],"implications":[170],"paper":[172],"documents":[173],"trends":[176],"inter\u2010temporal":[178],"patterns":[180],"reforms":[183,226],"larger":[187],"number":[188],"public":[190],"limited":[191],"firms":[192,223],"nearing":[193],"four":[194],"decades":[195],"an":[197],"emerging":[198],"economy.":[199],"Originality/value":[200],"is":[202],"first":[204],"attempt":[205],"take":[207],"holistic":[209],"view":[210],"using":[213,227],"rich":[214],"set":[215],"unexplored":[217],"on":[221],"contemporary":[228],"econometric":[229],"models":[230],"analyzes":[232],"issues":[233],"relating":[234],"determinants,":[235],"smoothening":[236],"stability":[238],"structure.":[243]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}