{"id":"https://openalex.org/W3121836629","doi":"https://doi.org/10.1016/j.jcorpfin.2003.09.001","title":"When do German firms change their dividends?","display_name":"When do German firms change their dividends?","publication_year":2003,"publication_date":"2003-12-05","ids":{"openalex":"https://openalex.org/W3121836629","doi":"https://doi.org/10.1016/j.jcorpfin.2003.09.001","mag":"3121836629"},"language":"en","primary_location":{"id":"doi:10.1016/j.jcorpfin.2003.09.001","doi":"https://doi.org/10.1016/j.jcorpfin.2003.09.001","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jcorpfin.2003.09.001","pdf_url":null,"source":{"id":"https://openalex.org/S152282257","display_name":"Journal of Corporate Finance","issn_l":"0929-1199","issn":["0929-1199","1872-6313"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Corporate Finance","raw_type":"journal-article"},"volume":null,"type":"article","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/A5090450715","display_name":"Marc Goergen A","orcid":"https://orcid.org/0000-0003-4391-2651","observed_orcids":["https://orcid.org/0000-0003-4391-2651"]},"institutions":[{"id":"https://openalex.org/I28407311","display_name":"University of Manchester","ror":"https://ror.org/027m9bs27","country_code":"GB","type":"education","lineage":["https://openalex.org/I28407311"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Marc Goergen","raw_affiliation_strings":["Manchester School of Management, University of Manchester Institute of Science and Technology (UMIST) and European Corporate Governance Institute (ECGI), P.O. Box 88, Manchester M60 1QD, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Manchester School of Management, University of Manchester Institute of Science and Technology (UMIST) and European Corporate Governance Institute (ECGI), P.O. Box 88, Manchester M60 1QD, UK","institution_ids":["https://openalex.org/I28407311"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5016674922","display_name":"Luc D. R. Renneboog","orcid":"https://orcid.org/0000-0002-6068-3910","observed_orcids":["https://orcid.org/0000-0002-6068-3910"]},"institutions":[{"id":"https://openalex.org/I193700539","display_name":"Tilburg University","ror":"https://ror.org/04b8v1s79","country_code":"NL","type":"education","lineage":["https://openalex.org/I193700539"]},{"id":"https://openalex.org/I4210136188","display_name":"European Corporate Governance Institute","ror":"https://ror.org/04egehb02","country_code":"BE","type":"nonprofit","lineage":["https://openalex.org/I4210136188"]}],"countries":["BE","NL"],"is_corresponding":false,"raw_author_name":"Luc Renneboog","raw_affiliation_strings":["Department of Finance and CentER for Economic Research, Tilburg University and European Corporate Governance Institute (ECGI), P.O. Box 90153, 5000 LE Tilburg, The Netherlands"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance and CentER for Economic Research, Tilburg University and European Corporate Governance Institute (ECGI), P.O. Box 90153, 5000 LE Tilburg, The Netherlands","institution_ids":["https://openalex.org/I193700539","https://openalex.org/I4210136188"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5021225177","display_name":"Luis Correia Da Silva","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Luis Correia da Silva","raw_affiliation_strings":["Oxford Economic Research Associates (OXERA) Limited, Blue Boar Court, Alfred Street, Oxford OX1 4EH, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Oxford Economic Research Associates (OXERA) Limited, Blue Boar Court, Alfred Street, Oxford OX1 4EH, UK","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5090450715"],"corresponding_institution_ids":["https://openalex.org/I28407311"],"apc_list":{"value":4140,"currency":"USD","value_usd":4140},"apc_paid":null,"fwci":17.2466,"has_fulltext":false,"cited_by_count":188,"citation_normalized_percentile":{"value":0.98659517,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":99},"biblio":{"volume":"11","issue":"1-2","first_page":"375","last_page":"399"},"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/T12123","display_name":"Financial Analysis and Corporate Governance","score":9.999999747378752e-05,"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":0.9150000214576721},{"id":"https://openalex.org/keywords/dividend-changes","display_name":"dividend changes","score":0.8700000047683716},{"id":"https://openalex.org/keywords/german-companies","display_name":"German companies","score":0.7749999761581421},{"id":"https://openalex.org/keywords/net-income","display_name":"net income","score":0.8069999814033508},{"id":"https://openalex.org/keywords/corporate-losses","display_name":"corporate losses","score":0.5989999771118164},{"id":"https://openalex.org/keywords/dividend-cuts","display_name":"dividend cuts","score":0.7260000109672546},{"id":"https://openalex.org/keywords/dividend-omissions","display_name":"dividend omissions","score":0.8050000071525574},{"id":"https://openalex.org/keywords/bank-ownership","display_name":"bank ownership","score":0.6610000133514404},{"id":"https://openalex.org/keywords/shareholder-control","display_name":"shareholder control","score":0.5170000195503235}],"concepts":[{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.8864012956619263},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.7371616363525391},{"id":"https://openalex.org/C59399099","wikidata":"https://www.wikidata.org/wiki/Q5284040","display_name":"Dividend policy","level":3,"score":0.6844335794448853},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.680591344833374},{"id":"https://openalex.org/C154775046","wikidata":"https://www.wikidata.org/wiki/Q188","display_name":"German","level":2,"score":0.6309658288955688},{"id":"https://openalex.org/C2778098874","wikidata":"https://www.wikidata.org/wiki/Q240691","display_name":"Retained earnings","level":3,"score":0.5810456275939941},{"id":"https://openalex.org/C138262166","wikidata":"https://www.wikidata.org/wiki/Q570938","display_name":"Net income","level":2,"score":0.5178545117378235},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4998013973236084},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4701060652732849},{"id":"https://openalex.org/C26517878","wikidata":"https://www.wikidata.org/wiki/Q228039","display_name":"Key (lock)","level":2,"score":0.438679039478302},{"id":"https://openalex.org/C184530449","wikidata":"https://www.wikidata.org/wiki/Q2706107","display_name":"Dividend yield","level":4,"score":0.4183759391307831},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.404737651348114},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.35971003770828247},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3416234850883484},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.20199841260910034},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.10722658038139343},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.061752527952194214},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/j.jcorpfin.2003.09.001","doi":"https://doi.org/10.1016/j.jcorpfin.2003.09.001","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jcorpfin.2003.09.001","pdf_url":null,"source":{"id":"https://openalex.org/S152282257","display_name":"Journal of Corporate Finance","issn_l":"0929-1199","issn":["0929-1199","1872-6313"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Corporate Finance","raw_type":"journal-article"},{"id":"pmh:oai:https://orca.cardiff.ac.uk:37594","doi":null,"is_oa":false,"landing_page_url":"https://orca.cardiff.ac.uk/id/eprint/37594/","pdf_url":null,"source":{"id":"https://openalex.org/S4306401195","display_name":"ORCA Online Research @Cardiff (Cardiff University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I79510175","host_organization_name":"Cardiff University","host_organization_lineage":["https://openalex.org/I79510175"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":54,"referenced_works":["https://openalex.org/W654398407","https://openalex.org/W800914156","https://openalex.org/W1510497834","https://openalex.org/W1559339763","https://openalex.org/W1588654488","https://openalex.org/W1967235508","https://openalex.org/W1968381482","https://openalex.org/W1974675048","https://openalex.org/W1979460484","https://openalex.org/W1988160226","https://openalex.org/W1993426893","https://openalex.org/W1995132546","https://openalex.org/W1998352758","https://openalex.org/W2006949193","https://openalex.org/W2047134097","https://openalex.org/W2049390752","https://openalex.org/W2049440762","https://openalex.org/W2051800985","https://openalex.org/W2068258432","https://openalex.org/W2084695533","https://openalex.org/W2098910318","https://openalex.org/W2101698067","https://openalex.org/W2102224197","https://openalex.org/W2108021818","https://openalex.org/W2108818539","https://openalex.org/W2111384383","https://openalex.org/W2119575626","https://openalex.org/W2122341650","https://openalex.org/W2123343520","https://openalex.org/W2124597406","https://openalex.org/W2126306973","https://openalex.org/W2127153373","https://openalex.org/W2129512778","https://openalex.org/W2131921554","https://openalex.org/W2141039170","https://openalex.org/W2144470805","https://openalex.org/W2149570172","https://openalex.org/W2164201375","https://openalex.org/W2195083091","https://openalex.org/W2223768511","https://openalex.org/W2490539256","https://openalex.org/W2498125194","https://openalex.org/W2569219717","https://openalex.org/W2891389313","https://openalex.org/W3121131820","https://openalex.org/W3121279427","https://openalex.org/W3121344980","https://openalex.org/W3121794797","https://openalex.org/W3122060417","https://openalex.org/W3122823641","https://openalex.org/W3124313062","https://openalex.org/W3142496586","https://openalex.org/W4253971021","https://openalex.org/W4321269924"],"related_works":["https://openalex.org/W4251638122","https://openalex.org/W1512600263","https://openalex.org/W7100256472","https://openalex.org/W1591056545","https://openalex.org/W3125440849","https://openalex.org/W7027837348","https://openalex.org/W7075732948","https://openalex.org/W7213257677","https://openalex.org/W842670801","https://openalex.org/W1138635999"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":9},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":7},{"year":2018,"cited_by_count":8},{"year":2017,"cited_by_count":10},{"year":2016,"cited_by_count":9},{"year":2015,"cited_by_count":6},{"year":2014,"cited_by_count":9},{"year":2013,"cited_by_count":8},{"year":2012,"cited_by_count":13}],"updated_date":"2026-10-17T09:40:24.721904","created_date":"2021-02-01T00:00:00"}
