{"id":"https://openalex.org/W7029225389","doi":null,"title":"The Incidence and Persistence of Dividend Omissions by Spanish Firms","display_name":"The Incidence and Persistence of Dividend Omissions by Spanish Firms","publication_year":2003,"publication_date":"2003-01-01","ids":{"openalex":"https://openalex.org/W7029225389","mag":"1536675292"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:bde:wpaper:0303","doi":null,"is_oa":false,"landing_page_url":"http://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosTrabajo/03/Fic/dt0303e.pdf","pdf_url":"http://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosTrabajo/03/Fic/dt0303e.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://repositorio.bde.es/handle/123456789/6771","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5041171894","display_name":"Andrew Benito","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Andrew Benito","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5041171894"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":8,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":"3","first_page":"7","last_page":"47"},"is_retracted":false,"is_paratext":false,"is_xpac":true,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9980000257492065,"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":0.9980000257492065,"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":0.00039999998989515007,"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":0.0003000000142492354,"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-omissions","display_name":"dividend omissions","score":0.9419999718666077},{"id":"https://openalex.org/keywords/dividend-policy","display_name":"dividend policy","score":0.9800000190734863},{"id":"https://openalex.org/keywords/balance-sheet-adjustment","display_name":"balance sheet adjustment","score":0.6309999823570251},{"id":"https://openalex.org/keywords/spanish-firms","display_name":"Spanish companies","score":0.699999988079071},{"id":"https://openalex.org/keywords/corporate-finance","display_name":"corporate finance","score":0.44600000977516174}],"concepts":[{"id":"https://openalex.org/C2781009140","wikidata":"https://www.wikidata.org/wiki/Q7170389","display_name":"Persistence (discontinuity)","level":2,"score":0.5996000170707703},{"id":"https://openalex.org/C61511704","wikidata":"https://www.wikidata.org/wiki/Q1671857","display_name":"Incidence (geometry)","level":2,"score":0.5231999754905701},{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.5012999773025513},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.48330000042915344},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.31940001249313354},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.2915000021457672},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.274399995803833},{"id":"https://openalex.org/C4249254","wikidata":"https://www.wikidata.org/wiki/Q3044431","display_name":"Demographic economics","level":1,"score":0.24070000648498535},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.23680000007152557},{"id":"https://openalex.org/C149923435","wikidata":"https://www.wikidata.org/wiki/Q37732","display_name":"Demography","level":1,"score":0.2214999943971634}],"mesh":[],"locations_count":6,"locations":[{"id":"pmh:oai:RePEc:bde:wpaper:0303","doi":null,"is_oa":false,"landing_page_url":"http://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosTrabajo/03/Fic/dt0303e.pdf","pdf_url":"http://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosTrabajo/03/Fic/dt0303e.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:3124321728","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:bde:wpaper:0303","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:hdl:10068/290043","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10068/290043","pdf_url":null,"source":{"id":"https://openalex.org/S4377196900","display_name":"OpenGrey (Institut de l'Information Scientifique et Technique)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1295345811","host_organization_name":"Institut de l'Information Scientifique et Technique","host_organization_lineage":["https://openalex.org/I1295345811"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"R - Report"},{"id":"pmh:oai:dnet:repositorio_::eef33b4c22d57dc1a959cc88073e6f2b","doi":null,"is_oa":true,"landing_page_url":"https://repositorio.bde.es/handle/123456789/6771","pdf_url":null,"source":{"id":"https://openalex.org/S4306402641","display_name":"LA Referencia (Red Federada de Repositorios Institucionales de Publicaciones Cient\u00edficas)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4383465926","host_organization_name":"LA Referencia","host_organization_lineage":["https://openalex.org/I4383465926"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/book"},{"id":"pmh:oai:hispana.mcu.es:158366","doi":null,"is_oa":false,"landing_page_url":"http://dialnet.unirioja.es/servlet/oaiart?codigo=632785","pdf_url":null,"source":{"id":"https://openalex.org/S4377196108","display_name":"Hispana","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Documentos de trabajo del Banco de Espa\u00f1a, ISSN 0213-2710, N\u00ba 3, 2003, pags. 7-47","raw_type":"text (article)"},{"id":"mag:1536675292","doi":null,"is_oa":false,"landing_page_url":"https://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosTrabajo/03/Fic/dt0303e.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306508264","display_name":"Documentos de trabajo del Banco de Espa\u00f1a","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Documentos de trabajo del Banco de Espa\u00f1a","raw_type":null}],"best_oa_location":{"id":"pmh:oai:dnet:repositorio_::eef33b4c22d57dc1a959cc88073e6f2b","doi":null,"is_oa":true,"landing_page_url":"https://repositorio.bde.es/handle/123456789/6771","pdf_url":null,"source":{"id":"https://openalex.org/S4306402641","display_name":"LA Referencia (Red Federada de Repositorios Institucionales de Publicaciones Cient\u00edficas)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4383465926","host_organization_name":"LA Referencia","host_organization_lineage":["https://openalex.org/I4383465926"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/book"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W1499205720","https://openalex.org/W1520697458","https://openalex.org/W1567912685","https://openalex.org/W1578795276","https://openalex.org/W1966714137","https://openalex.org/W1982661642","https://openalex.org/W2025610165","https://openalex.org/W2035554302","https://openalex.org/W2056763091","https://openalex.org/W2064325874","https://openalex.org/W2065601052","https://openalex.org/W2086298426","https://openalex.org/W2112952087","https://openalex.org/W2123343520","https://openalex.org/W2134246329","https://openalex.org/W2139716534","https://openalex.org/W2144357229","https://openalex.org/W2147031180","https://openalex.org/W2165458154","https://openalex.org/W2166941765","https://openalex.org/W2167191337","https://openalex.org/W2170790204","https://openalex.org/W2223768511","https://openalex.org/W2234218860","https://openalex.org/W2741987609","https://openalex.org/W2890299060","https://openalex.org/W3021038750","https://openalex.org/W3123256080","https://openalex.org/W3124114405","https://openalex.org/W3125087107"],"related_works":["https://openalex.org/W7000346281","https://openalex.org/W7029096366","https://openalex.org/W7045533256","https://openalex.org/W7042154452","https://openalex.org/W7071541257","https://openalex.org/W7065736209","https://openalex.org/W7029549811","https://openalex.org/W7056416735","https://openalex.org/W2109411591","https://openalex.org/W1587140254"],"abstract_inverted_index":{"This":[0],"paper":[1],"examines":[2],"the":[3,46,75,79],"dividend":[4,18,76],"policies":[5],"of":[6,22,49,53],"firms":[7],"in":[8,41,58,72],"Spain.":[9],"Using":[10],"firm-level":[11],"panel":[12,60],"data,":[13],"models":[14,62],"are":[15,34,55],"estimated":[16],"for":[17,30,65],"omissions":[19],"as":[20],"functions":[21],"financial":[23],"characteristics,":[24],"whilst":[25],"also":[26,56],"considering":[27],"a":[28,37],"role":[29],"persistence.":[31],"The":[32],"results":[33],"consistent":[35],"with":[36],"tax":[38],"discrimination":[39],"model":[40],"which":[42],"cash":[43],"flow":[44],"is":[45],"marginal":[47],"source":[48],"funds.":[50],"High":[51],"degrees":[52],"persistence":[54,83],"found":[57],"binary":[59],"data":[61],"that":[63],"control":[64],"unobservables":[66],"and":[67],"initial":[68],"conditions.":[69],"Whilst":[70],"companies":[71],"Spain":[73],"use":[74],"to":[77],"adjust":[78],"balance":[80],"sheet,":[81],"such":[82],"suggests":[84],"this":[85],"occurs":[86],"slowly.":[87]},"counts_by_year":[{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2025-10-10T00:00:00"}
