{"id":"W2105968437","doi":"10.2139/ssrn.972221","title":"Corporate Payout Policy and Product Market Competition","year":2007,"lang":"en","type":"article","venue":"SSRN Electronic Journal","topic":"Corporate Finance and Governance","field":"Business, Management and Accounting","cited_by":120,"is_retracted":false,"has_abstract":false,"ca_institutions":"York University","funders":"","keywords":"Dividend; Dividend payout ratio; Competition (biology); Monetary economics; Corporate governance; Agency cost; Agency (philosophy); Product market; Shock (circulatory); Business; Dividend policy; Economics; Microeconomics; Finance; Shareholder","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.003488016,0.0003424875,0.0007741827,0.001372868,0.001645895,0.01003173,0.0006956964,0.005264604,0.02528719],"category_scores_gemma":[0.01596953,0.0003148454,0.0004714635,0.001361874,0.002222438,0.003667143,0.001180199,0.002921602,0.001298568],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.005229851,"about_ca_system_score_gemma":0.003025172,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.01012104,"about_ca_topic_score_gemma":0.0139265,"domain_scores_codex":[0.9978949,0.0006622592,0.0000922351,0.0002107613,0.0002681064,0.0008717321],"domain_scores_gemma":[0.9745148,0.01501792,0.004591546,0.0005460152,0.001562418,0.003767336],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"observational","study_design_scores_codex":[0.005569365,0.002870215,0.167466,0.0002951605,0.0002393583,0.001447159,0.001655368,0.01470293,0.005740851,0.7182868,0.02761949,0.05410737],"study_design_scores_gemma":[0.001127003,0.002125724,0.4202326,0.0002796587,0.0003909163,0.0006170673,0.005373882,0.02488806,0.005031503,0.4830066,0.05671259,0.0002143828],"study_design_candidate":"observational","study_design_consensus":null,"genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.847678,0.002993904,0.001515323,0.01572856,0.0002028316,0.00003831365,0.0003258718,0.00008252679,0.1314347],"genre_scores_gemma":[0.9910011,0.0002128233,0.00004704819,0.000623525,0.000121576,0.000004779754,0.00004773357,0.000009923424,0.007931538],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.02528719,"threshold_uncertainty_score":0.08459407,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.01092078512126528,"score_gpt":0.2105676103997423,"score_spread":0.199646825278477,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}