Abstract Despite developments of recent theoretical and numerous empirical studies on the policies effectively adopted by companies, the dividend distribution policy (DDP) remains largely unexplained. In this regard, the main purpose of the current study is to empirically examine the effects of both CEO duality and ownership concentration on DDP during a crisis period. Furthermore, we test, using an interaction …

Americans shouldn’t travel to China because of the risks from the new coronavirus, the US State Department said. US citizens currently in China should “consider departing using commercial means,” the alert said. Secretary of State Mike Pompeo echoed the warning on Twitter. A Level 4 travel advisory is the most severe warning issued by the State Department, and it applies only to areas …

Will seek details from PSBs on funding to NBFCs, retail customers on Oct 14 Finance Minister Nirmala Sitharaman, on Thursday, said she is “not sitting back” after the recent spate of measures, and will take more steps if required for non-banking finance companies and other sectors. The minister will be meeting the chiefs of public sector banks on October 14, …

Don’t go to Shimla or Dharamshala for the Independence Day long weekend if you haven’t made your bookings yet. That is because tourist destinations across Himachal Pradesh are choc-a-block with holidaymakers, mainly from the north Indian plains, for the extended Independence Day weekend, starting Saturday. Many hotels and guest houses in most tourist destinations in the state have been sold …

You’ve been planning your vacation for months, and you’re finally there. You’ve checked into your hotel, settled in and feel like you can conquer the world. But before you do so, here are a few things to make the experience better and hassle-free. Yes, you are welcome: Grab your hotel’s business card You’ve gotten yourself a great deal on a …

If you swelter in the searing heat and have decided to take a few days off, head for Kashmir, also known as paradise on earth. The Valley is a dynamic destination steeped in rich history and unique natural beauty, and offers unforgettable holiday experiences to adventure lovers, culture and history buffs, and even wildlife enthusiasts. Unwind in a lush landscape …

The first sound that greeted you at the arrival lounge of Udaipur’s Maharana Pratap Airport was Bollywood singer Kumar Sanu’s. The flat screen TV, hoisted on a pillar, was playing Pooja Bhatt praying in a temple, and Sanjay Dutt doing what he does best: singing Tumhe Apna Banane Ki Kasam Khai Hai in Sanu’s voice. My mother tugged at my …

It’s the dream for many people: taking on a property that needs a complete facelift. From redoing the gutters to plastering up cracks, you’re not just putting a fresh coat of paint on the walls and choosing nice new carpet. You’re doing a huge job – close to building your own property. While it’s incredibly rewarding, and often cheaper than …

Whether it’s an experienced traveller or an enthusiastic backpacker, thousands of tourists visit Peru for a peek of its awe-inspiring archaeological star attraction — Machu Picchu. But the fact is that Peru is a country replete with hidden treasures waiting to be explored and experienced. Look past the mesmerising sight of stunning vistas atop the majestic mountain peaks of one …

What’s better than going on a little vacation with your family and kids, and taking that much-needed break from your routine? Well, choosing an apt vacation spot for the kids to find interest in might be tricky. You don’t want to take them to the same adventure or water parks that are quite commonly found everywhere these days. So, if …