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CEO marital status and dividend policy
We investigate whether and how CEO marital status is related to dividend policy. We find that firms run by single CEOs are less likely to pay dividends. Further analyses reveal that the aforementioned relation is stronger for single CEOs who are more risk-seeking, have compensation packages with lower pay-performance sensitivity, are less conservative, or are less engaged in corporate social responsibility activities. Our results hold in multiple robustness and endogeneity tests, including propensity score matching, difference-in-differences estimation, and an instrumental variable regression. Overall, our findings contribute to the literature highlighting the importance of CEOs\u27 personal attributes for corporate decisions
Jim Clifton
Jim Clifton Basketball Player 1962https://digitalcommons.cwu.edu/john_foster_photos/4122/thumbnail.jp
Dale Hall
Dale Hall Basketball Player 1962https://digitalcommons.cwu.edu/john_foster_photos/4127/thumbnail.jp
Ron Schriber
Ron Schriber Basketball Player 1962https://digitalcommons.cwu.edu/john_foster_photos/4131/thumbnail.jp
CWSC Basketball team, 1962
A group photo of the CWSC basketball team, 1962. Left ot right: Roger Buss, Harold Riggan, Brad Wilson, Ron Olney, Dale Hutzell, Jim Clifton.https://digitalcommons.cwu.edu/john_foster_photos/4119/thumbnail.jp
Symposium on American Values
Three men sit in front of an audience at the 2nd Symposium on American Values, April 24-27, 1963.https://digitalcommons.cwu.edu/john_foster_photos/4141/thumbnail.jp
Symposium on American Values
Three men sit in front of an audience in Nicholson Pavilion at the 2nd Symposium on American Values, April 24-27, 1963.https://digitalcommons.cwu.edu/john_foster_photos/4143/thumbnail.jp
Campus Scenes
The view down 9th Ave, with the Student Union building on the left and Bouillon Hall directly ahead, 1962.https://digitalcommons.cwu.edu/john_foster_photos/4148/thumbnail.jp
Symposium on American Values
Men posing as statues depicting wrestling, discus throwing, and holding the olympic torch as part of Mens Sana in Corpore Sano: A Descriptive Pageant highlighting the various programs of instruction in the Division of Physical Education during the 2nd Symposium on American Values, Thursday, April 25, 1963.https://digitalcommons.cwu.edu/john_foster_photos/4166/thumbnail.jp
Symposium on American Values
A man speaking at a podium during the 2nd Symposium on American Values, April 24-27, 1963.https://digitalcommons.cwu.edu/john_foster_photos/4178/thumbnail.jp