Adaoglu, C. (2000). Instability in the dividend policy of the Istanbul Stock Exchange (ISE) corporations: evidence from an emerging market. Emerging Markets Review, 1(3), 252-270.
Aflatooni, A. (2018). Econometrics in Accounting and Finance Using EViews. Tehran, Termeh pub. (in Persian)
Aharony, J., & Swary, I. (1980). Quarterly dividend and earnings announcements and stockholders' returns: An empirical analysis. The Journal of Finance, 35(1), 1-12.
Aivazian, V., Booth, L., & Cleary, S. (2003a). Dividend policy and the organization of capital markets. Journal of Multinational Financial Management, 13(2), 101-121.
Aivazian, V., Booth, L., & Cleary, S. (2003b). Do emerging market firms follow different dividend policies from US firms?. Journal of Financial Research, 26(3), 371-387.
Al-Ajmi, J., & Abo Hussain, H. (2011). Corporate dividends decisions: evidence from Saudi Arabia. The Journal of Risk Finance, 12(1), 41-56.
Alavi Tabari, S., Mojtahedzadeh, V., Soleimani Amiri, G., Ameli, Y. (2010). The relationship of earnings quality and dividend: listed companies in TSE. The Iranian Accounting and Auditing Review, 16(3), 93-106. (in Persian)
Allen, F., & Michaely, R. (2003). Payout policy. In Handbook of the Economics of Finance.
Elsevier.Al-Najjar, B. (2009). Dividend behaviour and smoothing new evidence from Jordanian panel data. Studies in Economics and Finance, 26(3), 182-197.
Al-Najjar, B., & Kilincarslan, E. (2017). Corporate dividend decisions and dividend smoothing: New evidence from an empirical study of Turkish firms. International Journal of Managerial Finance, 13(3), 304-331.
Andreou, P. C., Karasamani, I., Louca, C., & Ehrlich, D. (2017). The impact of managerial ability on crisis-period corporate investment. Journal of Business Research, 79(1), 107-122.
Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277-297.
Assadi, G.H., & Kazemi, K. (2018). The relationship between dividend payments and stock price cash risk in the companies listed on the Tehran Stock Exchange. Financial Management Perspective, 8(22), 9-28. (in Persian)
Baker, H. K., & Powell, G. (2009). Understanding Financial Management: A Practical Guide. John Wiley & Sons.
Baker, M., & Wurgler, J. (2004). Appearing and disappearing dividends: The link to catering incentives. Journal of Financial Economics, 73(2), 271-288.
Black, F. (1976). The dividend puzzle. Journal of Portfolio Management, 2(2), 5-8.
Blundell, R., & Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87(1), 115-143.
Bozorg Asl, M. & Sarafraz Ardekani, A. (2009). The relationship between stable dividend policy and stock yields. Empirical Studies in Financial Accounting, 7(25), 105-125. (in Persian)
Brav, A., Graham, J. R., Harvey, C. R., & Michaely, R. (2005). Payout policy in the 21st century. Journal of Financial Economics, 77(3), 483-527.
Brittain, J. A. (1964). The tax structure and corporate dividend policy. The American Economic Review, 54(3), 272-287
.Cameron, A. C., & Trivedi, P. K. (2010). Microeconometrics Using Stata. College Station, TX: Stata press.
Chateau, J. P. D. (1979). Dividend policy revisted: Within‐and out‐of‐sample tests. Journal of Business Finance & Accounting, 6(3), 355-370.
Chemmanur, T. J., He, J., Hu, G., & Liu, H. (2010). Is dividend smoothing universal?: New insights from a comparative study of dividend policies in Hong Kong and the US. Journal of Corporate Finance, 16(4), 413-430.
Darling, P. G. (1957). The influence of expectations and liquidity on dividend policy. Journal of Political Economy, 65(3), 209-224.
Demerjian, P. R., Lev, B., Lewis, M. F., & McVay, S. E. (2012). Managerial ability and earnings quality. The Accounting Review, 88(2), 463-498.
Demerjian, P., Lev, B., & McVay, S. (2012). Quantifying managerial ability: A new measure and validity tests. Management Science, 58(7), 1229-1248.
Dewenter, K. L., & Warther, V. A. (1998). Dividends, asymmetric information, and agency conflicts: Evidence from a comparison of the dividend policies of Japanese and US firms. The Journal of Finance, 53(3), 879-904.
Fama, E. F., & Babiak, H. (1968). Dividend policy: An empirical analysis. Journal of the American Statistical Association, 63(324), 1132-1161.
Fama, E. F., & French, K. R. (2001). Disappearing dividends: changing firm characteristics or lower propensity to pay? Journal of Financial Economics, 60(1), 3-43.
Farinha, J., & Moreira, J. A. (2007). Dividends and earnings quality: the missing link?. CETE/Faculty of Economics/University of Porto. Retrieved June, 10, 2010.
Flannery, M. J., & Hankins, K. W. (2013). Estimating dynamic panel models in corporate finance. Journal of Corporate Finance, 19(1), 1-19.
Fuller, K. P. (2001). The influence of managerial reputation on dividend smoothing. In Advances in Financial Economics (83-115). Emerald Group Publishing Limited.
Glen, J. D., Karmokolias, Y., Miller, R. R., & Shah, S. (1995). Dividend Policy and Behavior in Emerging Markets: To Pay or Not to Pay. The World Bank.
Grullon, G., Michaely, R., & Swaminathan, B. (2002). Are dividend changes a sign of firm maturity?. The Journal of Business, 75(3), 387-424.
Hasani Alghar, M., Marfou, M. (2017). The impact of managerial ability on dividend policy. Empirical Research in Accounting, 6(3), 103-129. (in Persian)
Hejazi, R., Fasihi, S., karamshahi, B. (2017). Investigating the effect of management ability on dividend policy companies listed in Tehran Stock Exchange. Empirical Studies in Financial Accounting, 14(54), 73-94. (in Persian)
Izadinia, N., Soltani, A., & Alinaghian, N. (2009). Assess the factors affecting the dividend policy in listed companies in Tehran Stock Exchange. Empirical Studies in Financial Accounting, 7(26), 139-155. (in Persian)
Jabbarzade kangarluei, S., & Motevassel, M. (2012). Shareholder satisfaction theory and determinants’ of dividend policy factors in Tehran Stock Exchange. Investment Knowledge, 1(3), 81-104. (in Persian)
Jahankhani, A., & Ghorbani, S. (2005). The determinants of the dividend policy in firms listed in Tehran Stock Exchange. Financial Research, 7(2), 27-48. (in Persian)
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360.
Jiraporn, P., Leelalai, V., & Tong, S. (2016). The effect of managerial ability on dividend policy: how do talented managers view dividend payouts?. Applied Economics Letters, 23(12), 857-862.
Khajavi, S., Ghadirian Arani, M. (2018). Managerial ability, financial performance and bankruptcy risk. Accounting Knowledge, 9(1), 35-61. (in Persian)
Khajavi, S., Momtazian, A., & Dehghani Sadi, A.A. (2016). An investigate the impact of managers ability on the avoid paying taxes on companies listed in Tehran Stock Exchange. Journal of Financial Accounting Knowledge, 3(3), 23-45. (in Persian)
Khoshnoud, M., & Farkhonde, M. (2005). Investigate the relationship between stock liquidity and free cash flow in firms listed in stock exchange. Financial Management Perspective, 5(11), 107-124. (in Persian)
Kordestani, G.R, Nasiri, M., Rahimpour, M. (2010). Dividend theory, signaling and corporate performance after the dividend changes. Journal of Financial Accounting Research, 2(1), 63-76. (in Persian)
Kordestani, G.R. (2009). Empirical test on signaling theory of dividends in Tehran Stock Exchange. Accounting Advances, 1(1), 129-145. (in Persian)
Kumar, S. (2017). New evidence on stock market reaction to dividend announcements in India. Research in International Business and Finance, 39(1), 327-337.
La Porta, R., Lopez‐de‐Silanes, F., Shleifer, A., & Vishny, R. W. (2000). Agency problems and dividend policies around the world. The Journal of Finance, 55(1), 1-33.
Lintner, J. (1956). Distribution of incomes of corporations among dividends, retained earnings, and taxes. The American Economic Review, 46(2), 97-113.
Lonie, A. A., Abeyratna, G., Power, D. M., & Sinclair, C. D. (1996). The stock market reaction to dividend announcements: A UK study of complex market signals. Journal of Economic studies, 23(1), 32-52.
Mahmodi, V., & Mohaghegh, H. (2011). Market reaction to substantial deviations from dividend trends. The Iranian Accounting and Auditing Review, 18(66), 29-40. (in Persian)
Mansourfar, G., Didar, H., Hosseinpour, V. (2015). The effect of managerial ability on earning quality of listed companies in Tehran Stock Exchange. Journal of Financial Accounting Research, 7(1), 37-54. (in Persian)
Miller, M. H., & Modigliani, F. (1961). Dividend policy, growth, and the valuation of shares. the Journal of Business, 34(4), 411-433.
Momtazian, A., & Kazemnejad, M. (2016). Managerial abilities and performance measures. Empirical Research in Accounting, 5(4), 65-88. (in Persian)
Mookerjee, R. (1992). An empirical investigation of corporate dividend pay-out behaviour in an emerging market. Applied Financial Economics,2(4), 243-246.
Nissim, D., & Ziv, A. (2001). Dividend changes and future profitability. The Journal of Finance, 56(6), 2111-2133.
Pandey, I. M. (2003). Corporate dividend policy and behaviour: the Malaysian evidence. Asian Academy of Management Journal, 8(1), 17-32.
Paternoster, R., Brame, R., Mazerolle, P & Piquero, A. (1998). Using the correct statistical test for the equality of regression coefficients. Criminology, 36(4), 859-866.
Pourheydari, O., Mohammadi, A., & Rahimi, A. (2009). Investigate the dividend policy persistence in firms listed in Tehran Stock Exchange. Accounting and Auditing Research, 1(1), 96-111. (in Persian)
Preinreich, G. A. (1932). Stock yields, stock dividends and inflation. The Accounting Review, 7(4), 273-289.
Ramsheh, M., & Gharakhani, M. (2018). Leverage adjustment speeds in Tehran Stock Exchange. Financial Management Perspective, 8(22), 113-134. (in Persian)
Saghafi, A., & Kordestani, G.R. (2004). Explaining the relationship between earnings quality and market reaction to dividends changes. The Iranian Accounting and Auditing Review, 11(3), 51-72. (in Persian)
Saraf, F., & Chavoshi Tehrani, M. (2016). The relationship between dividend policies and major suppliers and customers of goods and services. Financial Accounting and Auditing Research, 8(32), 29-48. (in Persian)
Skinner, D. J., & Soltes, E. (2011). What do dividends tell us about earnings quality?. Review of Accounting Studies, 16(1), 1-28.65.
Tehrani, R., & Firouzi, R. (2013). The affecting factors on dividend adjustment speed in Tehran Stock Exchange and relationship between the average earnings and dividend adjustment speed in the cement industry. 6th Conference on the Development of the Financial System in Iran. (in Persian)
Tehrani, R., & Shams, S. (2003). The adjustment speed of dividend in firms listed in Tehran Stock Exchange and its relationship with stock returns growth. Financial Research, 5(1), 51-72. (in Persian)
Tong, Y. H., & Miao, B. (2011). Are dividends associated with the quality of earnings? Accounting Horizons, 25(1), 183-205.
)