Replication Data for: Elective Stock and Scrip Dividend
<|begin_of_text|><|start_header_id|>system<|end_header_id|> You are a research archivist expert in dataset metadata. Answer the question truthfully.  <|eot_id|><|start_header_id|>user<|end_header_id|> Here is the Description of a dataset. Description:'We investigate firms’ decisions to pay elective stock dividends, known inthe UK as scrip dividends. Scrip dividends give investors the choicebetween receiving new shares or the equivalent value as a cash dividend.UK firms paying scrip dividends are more likely to be financiallyconstrained, and scrip dividends are used more when access to externalfinancing is costly. Our results are robust to using the 2008 financial crisisas an exogenous shock to credit supply. Cash preservation is the mostimportant corporate incentive to use scrip dividends as they tend to bedistributed in combination with dividend cuts and with major corporateinvestments such as debt-financed mergers and acquisitions. Analysis ofUS dividend reinvestment plans by which investors purchase new sharesconfirms firms’ cash-preservation motive' . Please return only a json list of at most 3 Keywords corresponding to the Description:.<|eot_id|><|start_header_id|>assistant<|end_header_id|> {"Answer" : ["Cash Retention","Crisis","Dividend Policy","Dividend Reinvestment Plans","DRP","Elective Stock Dividend","Financial Constraints","Financial Crisis","Mergers and Acquisitions","Optional Stock Dividend","Payout Policy","Scrip Dividends","Stock Dividends","Tilburg University"]} <|eot_id|>
 Here is the Description of a dataset. Description:'We investigate firms’ decisions to pay elective stock dividends, known inthe UK as scrip dividends. Scrip dividends give investors the choicebetween receiving new shares or the equivalent value as a cash dividend.UK firms paying scrip dividends are more likely to be financiallyconstrained, and scrip dividends are used more when access to externalfinancing is costly. Our results are robust to using the 2008 financial crisisas an exogenous shock to credit supply. Cash preservation is the mostimportant corporate incentive to use scrip dividends as they tend to bedistributed in combination with dividend cuts and with major corporateinvestments such as debt-financed mergers and acquisitions. Analysis ofUS dividend reinvestment plans by which investors purchase new sharesconfirms firms’ cash-preservation motive' . Please return only a json list of at most 3 Keywords corresponding to the Description:.
We investigate firms’ decisions to pay elective stock dividends, known inthe UK as scrip dividends. Scrip dividends give investors the choicebetween receiving new shares or the equivalent value as a cash dividend.UK firms paying scrip dividends are more likely to be financiallyconstrained, and scrip dividends are used more when access to externalfinancing is costly. Our results are robust to using the 2008 financial crisisas an exogenous shock to credit supply. Cash preservation is the mostimportant corporate incentive to use scrip dividends as they tend to bedistributed in combination with dividend cuts and with major corporateinvestments such as debt-financed mergers and acquisitions. Analysis ofUS dividend reinvestment plans by which investors purchase new sharesconfirms firms’ cash-preservation motive
Cash Retention; Crisis; Dividend Policy; Dividend Reinvestment Plans; DRP; Elective Stock Dividend; Financial Constraints; Financial Crisis; Mergers and Acquisitions; Optional Stock Dividend; Payout Policy; Scrip Dividends; Stock Dividends; Tilburg University