Research groups

The drivers of dividend policies

The research group intends to analyze the different theories that are considered relevant to explain how companies define their dividend policies. Therefore, after this analysis, using the data found in the databases, twe have searched the compatibility of the theories with the decisions that were actually taken in the companies. This made it possible to study the consequences of dividend policies on other financial decisions. A comparison of the various policies in the various financial markets is also envisaged. The main publications of the group are the following:

  • Chesini G., Staniszewska A., The Determinants of Dividend Policy: A Comparison between Firms Listed on the Italian Stock Exchange and on the Warsaw Stock Exchange (2001–2014), in Journal of Management and Financial Sciences, Issue 30, December 2017.
  • Chesini G., Giaretta E., The drivers of dividend policies in Europe, in Carbó Valverde, S., Cuadros Solas, P. J., Rodríguez Fernández, F. (Eds), Bank Funding, Financial Instruments and Decision-Making in the Banking Industry, Palgrave Macmillan, 2016
  • Giaretta E., Chesini G., Why do they pay? An Analysis of the Dividend Policies around Europe, 17th EBES Conference, October 15-17, 2015.
  • Chesini G., Giaretta E., When do firms pay dividends? Evidence of the Dividend Payout Policy of Italian Listed Companies, EuroMed Conference, Verona, 2015.
Giuseppina Chesini
Associate Professor (Department Management)
External components
Aleksandra Staniszewska
Warsaw School of Economics
Topic Research area
Digitalization of bank processes and products Gestione degli intermediari finanziari Management of financial institutions
Stock exchange evolution and performance Mercati finanziari Financial markets
Depositor protection schemes Gestione degli intermediari finanziari Management of financial institutions
Covered bonds Mercati finanziari Financial markets
Private equity Finanza aziendale Corporate finance
Dividend policy Finanza aziendale Corporate finance
Networks and financial performance Finanza aziendale Corporate finance