kaal:claim:2922176-016

Ten of the thirteen S&P 500 companies with above-average revenue growth over the 2012 to 2016 period had never paid a dividend and had never engaged in share buybacks.

Source quote, verbatim

Figure 2 shows that ten out of the thirteen S&P 500 with an above-average revenue growth have never paid any dividends to their shareholders and were never engaged in share buyback activities.

From

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017), IV. Limits of Corporate Governance Reform, p. 20
https://ssrn.com/abstract=2922176 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176

Holds when

thirteen S&P 500 companies with above-average revenue growth, 2012 to 2016

Classification

empiricalsupport: evidencedempirical-evidence

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