Repository logo
 
Publication

Does ESG affect the stability of dividend policies in Europe?

2020Journal article Open access
Simple item page
dc.contributor.authorMatos, Pedro Verga
dc.contributor.authorBarros, Victor
dc.contributor.authorSarmento, Joaquim Miranda
dc.date.accessioned2025-03-10T14:52:56Z
dc.date.available2025-03-10T14:52:56Z
dc.date.issued2020
dc.description.abstractSustainability has become a significant issue for firms and investors throughout the world, although it cannot be attained if policies impact the stability of firms’ dividend policies. In this paper, we use data from the Stoxx Euro 600 firms from 2000 to 2019 and the ESG (environmental, social and governance) scores from Thomson Reuters to assess the relationship between ESG responsibility performances and the firm’s dividend policy. The results indicate that more sustainable firms exhibit a more stable dividend payout. This result is also valid when the ESG pillars are analysed, specifically, the environmental and governance pillars. The findings further suggest that higher ESG scores reveal better long-term alignment with shareholders and other stakeholders due to more proportionally stable profit sharing.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationMatos, Pedro Verga; Victor Barros and Joaquim Miranda Sarmento .(2020). " Does ESG affect the stability of dividend policies in Europe?”. Journal of Sustainability, Volume 12: no.21.pt_PT
dc.identifier.doidoi:10.3390/su12218804pt_PT
dc.identifier.issn2071-1050
dc.identifier.urihttp://hdl.handle.net/10400.5/99151
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPI - Academic Open Acess Publishingpt_PT
dc.subjectSustainabilitypt_PT
dc.subjectESGpt_PT
dc.subjectDividend Policypt_PT
dc.subjectEuropean Firmspt_PT
dc.titleDoes ESG affect the stability of dividend policies in Europe?pt_PT
dc.typejournal article
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
PVMATOS.VBARROS.JMSARMENTO.2020..pdf
Size:
844.73 KB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.2 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

ADVANCE/CSG - Artigos em Revistas Internacionais / Articles in International Journals