/ Publications / Dividend policy in network industries
Transport | Technical Report
Dividend policy in network industries
29 September 2014
BY:CAMBINI Carlo, GUGLER Klaus, RONDI Laura
Dividend policy is one of the key measures in corporate finance for all corporations and across all industries. Usually corporations retain a portion of their earnings and pay the residual as a dividend to stockholders. However, how companies set their dividend payments can vary significantly and is often viewed as a puzzle. A firm’s decision about dividends is often mixed with other financing and investment decisions. Some firms pay low dividends because management is optimistic about the firm’s future and wishes to retain earnings for expansion. In this case the dividend policy is a by-product of the firm’s capital budgeting decision. Other firms finance their capital expenditures largely by borrowing. This strategy releases cash for dividends. In this case the firm’s dividend is a by-product of the capital structure policy.
This dataset is composed of five indicators which provide information on the economic and environmental performance of sectors covered by the European Union’s Emissions Trading Scheme (EU ETS). The focus [...]
On 21 February 2024 the European Commission Directorate General for Mobility and Transport in cooperation with the Florence School of Regulation hosted an academic conference to explore opportunities and challenges [...]
Rail has a key role to play in making transport more efficient and sustainable in the EU and elsewhere. However, increasing passenger and cargo volumes require investment in infrastructure, and [...]
In this work, we present the major application and impact areas of Contracts-for-Difference (CfDs) in a European context, describe the most relevant design dimensions and discuss several design packages for [...]
After years of record announcements, frantic policy development and the establishment of substantial public support mechanisms, the clean hydrogen sector is nearing an inflexion point. Many clean hydrogen projects have [...]
The safeguarding of critical offshore energy infrastructure has assumed a heightened level of urgency in the wake of the Nord Stream pipeline explosions in September 2022 and the suspected sabotage [...]
Join our community
To meet, discuss and learn in the channel that suits you best.