{"id":"https://openalex.org/W281758372","doi":"https://doi.org/10.2139/ssrn.2504715","title":"Dividend Smoothing: An Agency Explanation and New Evidence","display_name":"Dividend Smoothing: An Agency Explanation and New Evidence","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W281758372","doi":"https://doi.org/10.2139/ssrn.2504715","mag":"281758372"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.2504715","doi":"https://doi.org/10.2139/ssrn.2504715","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2504715","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":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.2504715","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5103109659","display_name":"Anzhela Knyazeva","orcid":"https://orcid.org/0000-0002-3162-3003","observed_orcids":["https://orcid.org/0000-0002-3162-3003"]},"institutions":[{"id":"https://openalex.org/I57206974","display_name":"New York University","ror":"https://ror.org/0190ak572","country_code":"US","type":"education","lineage":["https://openalex.org/I57206974"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Anzhela Knyazeva","raw_affiliation_strings":["Independent","New York University (NYU) - Leonard N. Stern School of Business, 44 West 4th Street, Suite 9-160, New York, NY NY 10012, United States","New York University (NYU) - Leonard N. Stern School of Business"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Independent","institution_ids":[]},{"raw_affiliation_string":"New York University (NYU) - Leonard N. Stern School of Business, 44 West 4th Street, Suite 9-160, New York, NY NY 10012, United States","institution_ids":["https://openalex.org/I57206974"]},{"raw_affiliation_string":"New York University (NYU) - Leonard N. Stern School of Business","institution_ids":["https://openalex.org/I57206974"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5076644471","display_name":"Diana Knyazeva","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1313313744","display_name":"United States Securities and Exchange Commission","ror":"https://ror.org/01xqwbk25","country_code":"US","type":"government","lineage":["https://openalex.org/I1313313744"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Diana Knyazeva","raw_affiliation_strings":["Independent","Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549, United States","Securities and Exchange Commission"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Independent","institution_ids":[]},{"raw_affiliation_string":"Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549, United States","institution_ids":["https://openalex.org/I1313313744"]},{"raw_affiliation_string":"Securities and Exchange Commission","institution_ids":["https://openalex.org/I1313313744"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5103109659"],"corresponding_institution_ids":["https://openalex.org/I57206974"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9994999766349792,"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"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9994999766349792,"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/T11508","display_name":"Corporate Taxation and Avoidance","score":0.0,"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/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.0,"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/dividend-smoothing","display_name":"dividend smoothing","score":0.9990000128746033},{"id":"https://openalex.org/keywords/agency-theory","display_name":"agency theory","score":0.8989999890327454},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.984000027179718},{"id":"https://openalex.org/keywords/free-cash-flow","display_name":"free cash flow","score":0.7680000066757202},{"id":"https://openalex.org/keywords/dividend-cuts","display_name":"dividend cuts","score":0.8130000233650208},{"id":"https://openalex.org/keywords/dividend-increases","display_name":"dividend increases","score":0.6169999837875366},{"id":"https://openalex.org/keywords/share-repurchases","display_name":"share repurchases","score":0.7120000123977661},{"id":"https://openalex.org/keywords/shareholder-payouts","display_name":"shareholder payouts","score":0.6290000081062317},{"id":"https://openalex.org/keywords/monitoring-mechanisms","display_name":"monitoring mechanisms","score":0.6830000281333923}],"concepts":[{"id":"https://openalex.org/C108170787","wikidata":"https://www.wikidata.org/wiki/Q3951828","display_name":"Agency (philosophy)","level":2,"score":0.6781662702560425},{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.5606546401977539},{"id":"https://openalex.org/C3770464","wikidata":"https://www.wikidata.org/wiki/Q775963","display_name":"Smoothing","level":2,"score":0.5382274389266968},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.3875357210636139},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3604198098182678},{"id":"https://openalex.org/C180747234","wikidata":"https://www.wikidata.org/wiki/Q23373","display_name":"Cognitive psychology","level":1,"score":0.32032591104507446},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.17233869433403015},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.14414778351783752},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.14329490065574646},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.11279711127281189},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.09564399719238281}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.2504715","doi":"https://doi.org/10.2139/ssrn.2504715","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2504715","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":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.2139/ssrn.2504715","doi":"https://doi.org/10.2139/ssrn.2504715","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2504715","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":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[{"score":0.6601999998092651,"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":32,"referenced_works":["https://openalex.org/W1515341560","https://openalex.org/W1574787950","https://openalex.org/W1693731391","https://openalex.org/W2014854186","https://openalex.org/W2017843813","https://openalex.org/W2020451382","https://openalex.org/W2028809541","https://openalex.org/W2085880633","https://openalex.org/W2091020207","https://openalex.org/W2095608235","https://openalex.org/W2095719731","https://openalex.org/W2101365736","https://openalex.org/W2111384383","https://openalex.org/W2111541180","https://openalex.org/W2117731271","https://openalex.org/W2118978278","https://openalex.org/W2123144409","https://openalex.org/W2124421261","https://openalex.org/W2131120940","https://openalex.org/W2141039170","https://openalex.org/W2149659571","https://openalex.org/W2153610931","https://openalex.org/W2160860931","https://openalex.org/W2223768511","https://openalex.org/W2282044143","https://openalex.org/W3121223614","https://openalex.org/W3121397319","https://openalex.org/W3121835489","https://openalex.org/W3122295706","https://openalex.org/W3123826726","https://openalex.org/W3125771688","https://openalex.org/W4240773428"],"related_works":["https://openalex.org/W2259820989","https://openalex.org/W2010287350","https://openalex.org/W4386764854","https://openalex.org/W3123820514","https://openalex.org/W2276416082","https://openalex.org/W3125709030","https://openalex.org/W3139114581","https://openalex.org/W1595335747","https://openalex.org/W4306679939","https://openalex.org/W2995369026"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":2}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}
