{"id":"https://openalex.org/W2122644559","doi":"https://doi.org/10.1111/j.1468-036x.1996.tb00027.x","title":"Interim dividend cuts and omissions in the UK","display_name":"Interim dividend cuts and omissions in the UK","publication_year":1996,"publication_date":"1996-03-01","ids":{"openalex":"https://openalex.org/W2122644559","doi":"https://doi.org/10.1111/j.1468-036x.1996.tb00027.x","mag":"2122644559"},"language":"en","primary_location":{"id":"doi:10.1111/j.1468-036x.1996.tb00027.x","doi":"https://doi.org/10.1111/j.1468-036x.1996.tb00027.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1468-036x.1996.tb00027.x","pdf_url":null,"source":{"id":"https://openalex.org/S131852005","display_name":"European Financial Management","issn_l":"1354-7798","issn":["1354-7798","1468-036X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-2","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"European Financial Management","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7491","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5089069807","display_name":"Balasingham Balachandran","orcid":"https://orcid.org/0000-0002-9497-6586","observed_orcids":["https://orcid.org/0000-0002-9497-6586"]},"institutions":[{"id":"https://openalex.org/I79619799","display_name":"University of Birmingham","ror":"https://ror.org/03angcq70","country_code":"GB","type":"education","lineage":["https://openalex.org/I79619799"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Balasingham Balachandran","raw_affiliation_strings":["University of Birmingham, Birmingham B15 2TT, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Birmingham, Birmingham B15 2TT, UK","institution_ids":["https://openalex.org/I79619799"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5029925763","display_name":"John Cadle","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I79619799","display_name":"University of Birmingham","ror":"https://ror.org/03angcq70","country_code":"GB","type":"education","lineage":["https://openalex.org/I79619799"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"John Cadle","raw_affiliation_strings":["University of Birmingham, Birmingham B15 2TT, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Birmingham, Birmingham B15 2TT, UK","institution_ids":["https://openalex.org/I79619799"]}]},{"author_position":"last","author":{"id":null,"display_name":"Michael Theobald","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I79619799","display_name":"University of Birmingham","ror":"https://ror.org/03angcq70","country_code":"GB","type":"education","lineage":["https://openalex.org/I79619799"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Michael Theobald","raw_affiliation_strings":["University of Birmingham, Birmingham B15 2TT, UK","We wish to thank participants at the 1995 EFMA meetings for their useful comments"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Birmingham, Birmingham B15 2TT, UK","institution_ids":["https://openalex.org/I79619799"]},{"raw_affiliation_string":"We wish to thank participants at the 1995 EFMA meetings for their useful comments","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I79619799"],"apc_list":{"value":3350,"currency":"USD","value_usd":3350},"apc_paid":null,"fwci":3.2023,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.92695754,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":93},"biblio":{"volume":"2","issue":"1","first_page":"23","last_page":"38"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9926999807357788,"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":0.9926999807357788,"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/T10047","display_name":"Financial Markets and Investment Strategies","score":0.0034000000450760126,"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":0.0019000000320374966,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/interim-dividends","display_name":"interim dividends","score":0.9449999928474426},{"id":"https://openalex.org/keywords/dividend-cuts","display_name":"dividend cuts","score":0.9139999747276306},{"id":"https://openalex.org/keywords/dividend-omissions","display_name":"dividend omissions","score":0.9340000152587891},{"id":"https://openalex.org/keywords/stock-price-reaction","display_name":"stock price reaction","score":0.6959999799728394},{"id":"https://openalex.org/keywords/earnings-predictability","display_name":"earnings predictability","score":0.8740000128746033},{"id":"https://openalex.org/keywords/financial-leverage","display_name":"leverage","score":0.703000009059906},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":0.8050000071525574},{"id":"https://openalex.org/keywords/dividend-policy","display_name":"dividend policy","score":0.734000027179718},{"id":"https://openalex.org/keywords/uk-firms","display_name":"UK firms","score":0.7889999747276306}],"concepts":[{"id":"https://openalex.org/C2776957806","wikidata":"https://www.wikidata.org/wiki/Q4895105","display_name":"Interim","level":2,"score":0.9861079454421997},{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.8464970588684082},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.7343084216117859},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6046513319015503},{"id":"https://openalex.org/C59399099","wikidata":"https://www.wikidata.org/wiki/Q5284040","display_name":"Dividend policy","level":3,"score":0.4687901437282562},{"id":"https://openalex.org/C125889939","wikidata":"https://www.wikidata.org/wiki/Q2294672","display_name":"Dividend payout ratio","level":4,"score":0.45422154664993286},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.414935439825058},{"id":"https://openalex.org/C184530449","wikidata":"https://www.wikidata.org/wiki/Q2706107","display_name":"Dividend yield","level":4,"score":0.4138754606246948},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3939887285232544},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.379050612449646},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.18644240498542786},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.15039440989494324},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.09427899122238159},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1111/j.1468-036x.1996.tb00027.x","doi":"https://doi.org/10.1111/j.1468-036x.1996.tb00027.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1468-036x.1996.tb00027.x","pdf_url":null,"source":{"id":"https://openalex.org/S131852005","display_name":"European Financial Management","issn_l":"1354-7798","issn":["1354-7798","1468-036X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-2","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"European Financial Management","raw_type":"journal-article"},{"id":"mag:3125588859","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7491","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null}],"best_oa_location":{"id":"mag:3125588859","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7491","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":28,"referenced_works":["https://openalex.org/W1482108057","https://openalex.org/W1585500105","https://openalex.org/W1967235508","https://openalex.org/W1974675048","https://openalex.org/W1984272629","https://openalex.org/W1988843954","https://openalex.org/W2027467369","https://openalex.org/W2033910434","https://openalex.org/W2043619364","https://openalex.org/W2043711069","https://openalex.org/W2046999060","https://openalex.org/W2049440762","https://openalex.org/W2084695533","https://openalex.org/W2101347319","https://openalex.org/W2109991025","https://openalex.org/W2110603299","https://openalex.org/W2123343520","https://openalex.org/W2126306973","https://openalex.org/W2128778916","https://openalex.org/W2135334498","https://openalex.org/W2142856961","https://openalex.org/W2143767847","https://openalex.org/W2144380346","https://openalex.org/W2144470805","https://openalex.org/W2144487825","https://openalex.org/W2149570172","https://openalex.org/W2164426272","https://openalex.org/W2168982932"],"related_works":["https://openalex.org/W1514189746","https://openalex.org/W3123738802","https://openalex.org/W2081166250","https://openalex.org/W2060396215","https://openalex.org/W6991475066","https://openalex.org/W1985862728","https://openalex.org/W3021038750","https://openalex.org/W3124619060","https://openalex.org/W1810079600","https://openalex.org/W3177007023"],"abstract_inverted_index":{"Abstract":[0],"UK":[1],"firms":[2],"that":[3],"cut":[4,65],"or":[5,66],"omit":[6,67],"interim":[7,41,48,69],"dividends":[8],"during":[9],"the":[10,59],"period":[11],"1986\u20131993":[12],"are":[13],"studied.":[14],"Price":[15],"reactions":[16],"to":[17,23,37,54,61,64],"cuts":[18],"and":[19,27,47],"omissions":[20],"were":[21,35,52],"found":[22,36,53],"be":[24,38],"significantly":[25],"negative":[26],"stronger":[28],"for":[29,58],"initial":[30],"reductions.":[31,43],"Future":[32],"earnings":[33,49],"variables":[34,51],"predictable":[39],"from":[40],"dividend":[42],"Gearing,":[44],"company":[45],"size":[46],"change":[50],"have":[55],"explanatory":[56],"power":[57],"decision":[60],"determine":[62],"whether":[63],"an":[68],"dividend.":[70]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2014,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}