International Journal of Managerial Finance: Volume 9 Issue 3

Canadian corporate payout policy

H. Kent Baker, Bin Chang, Shantanu Dutta, Samir Saadi

The purpose of this paper is to examine cash dividends and stock repurchases in Canada from 1988 to 2006 and their relationship with earnings.

Dividend investing performance and explanations: a practitioner perspective

Michael Clemens

The purpose of this research is to investigate the risk and return characteristics of dividend investing compared to a passive “market” approach and provide probable explanations…

Determinants and effects of option listings: evidence from ADRs

Spencer Case, Janet D. Payne

In this paper, the authors aim to test the assertion that options act as a substitute for short sales by allowing investors an alternative way to act on bearish sentiment. An…

Profitability of momentum returns under alternative approaches

Kartick Gupta, Stuart Locke, Frank Scrimgeour

The analysis aims to explore how momentum return changes with alternative computational methods and the extent to which the portfolio structure is important in the momentum…

Evaluation of Malaysian mutual funds in the maximum drawdown risk measure framework

Mohammad Reza Tavakoli Baghdadabad, Paskalis Glabadanidis

This paper aims to evaluate the risk‐adjusted performance of the management styles of Malaysian mutual funds using nine modified performance evaluation measures generated by the…