Browse

The purpose of the article was to find out factors that affect dividend decisions in Estonian non-financial firms. Our analysis was based on the firm-level data of all Estonian companied for the period 2008-2011. Our dataset includes the period of latest financial and economic crises (2008-2009), which allowed us to analyze the dividend policy in case of extremely negative economic environment. Our database included more than 30 thousand observations. Based on the regression analysis we found that the factors infl...

Economists and investors avidly follow the data from different channels which would give them more information or indications for making their investment decisions more successful. The data is generally released with a lag and gives no good answers for the present. The purpose of the article is to analyze whether using Google Trends as one of the most widely used online search methods, would it have been possible to forecast the beginning of the ongoing financial crisis. In other words: would it have been possible...