This study proposes and evaluates, in an incentivized laboratory experiment (N = 212), a theoretically motivated measure of altruism that integrates behavior from the dictator game and ultimatum game, drawing on economic and evolutionary perspectives. Participants completed a dual-role dictator and ultimatum, a modified die-under-the-cup task, and survey-based altruism measures. Using a preregistered design, the study assessed whether adding such theoretical structure improves prediction relative to the dictator offer and ultimatum rejection. Hypothesis tests provide mixed evidence: The proposed measure did not outperform either the dictator offer or ultimatum rejection, although it showed a marginally stronger association with self-reported altruism. A non-preregistered exploratory analysis examines the ultimatum–dictator offer gap as an exploratory behavioral quantity associated with survey-based altruism. Overall, the results highlight both the promise and the limits of adding theoretical structure to behavioral measures of altruism and help clarify directions for future research.
China does not yet have a dividend policy theory, and cash dividend policies affect the ability of companies to finance and refinance. There exists uncertainty regarding the formulation and implementation of cash dividend policy; moreover, geographical factors impact dividend policy. It is necessary, therefore, to explore the influence of politics and geographical regions on the cash dividend policy of listed companies. This study selected 11 variables for an empirical study on a selected group of listed companies, establishing the LOGIT regression model for the probability of cash dividend payments and a multiple regression model for the level of cash dividend payments. The study then considered political variables and the influence of geographical region on those variables. Results showed that both political affiliation and geographical region had a significant negative correlation to the companies' cash dividend payment probability. In response, the study recommends that the Chinese government remove regional and geographic barriers to economic development, fully leverage the positive role of market forces in the growth of listed companies, and foster a "win-win" perspective on stakeholder interests. These efforts would help promote China's economic development and support the formulation and effective implementation of sound cash dividend policies.
This study proposes and evaluates, in an incentivized laboratory experiment (N = 212), a theoretically motivated measure of altruism that integrates behavior from the dictator game and ultimatum game, drawing on economic and evolutionary perspectives. Participants completed a dual-role dictator and ultimatum, a modified die-under-the-cup task, and survey-based altruism measures. Using a preregistered design, the study assessed whether adding such theoretical structure improves prediction relative to the dictator offer and ultimatum rejection. Hypothesis tests provide mixed evidence: The proposed measure did not outperform either the dictator offer or ultimatum rejection, although it showed a marginally stronger association with self-reported altruism. A non-preregistered exploratory analysis examines the ultimatum-dictator offer gap as an exploratory behavioral quantity associated with survey-based altruism. Overall, the results highlight both the promise and the limits of adding theoretical structure to behavioral measures of altruism and help clarify directions for future research.
This study examines the effect of corporate taxation on economic growth, a topic that has yielded varied conclusions in empirical research. Reductions in tax rates can sometimes increase, decrease, or have no significant impact on growth. The objective of this article is to analyze the role of taxation in economic growth using the ARDL model. To achieve this, we conducted an analysis covering the period 2000-2020, encompassing 38 OECD countries. Our findings reveal that taxes have a positive effect on the economy as long as the tax rate remains below a critical threshold. However, if this threshold is surpassed, fiscal policy has a negative impact on economic growth. This observation underscores the importance of striking a delicate balance in fiscal policy, highlighting the intricate influence of taxation on economic growth. Our analysis provides a nuanced perspective on the relationship between corporate taxation and growth, offering crucial insights for policymakers and economists.
This study examines the effect of corporate taxation on economic growth, a topic that has yielded varied conclusions in empirical research. Reductions in tax rates can sometimes increase, decrease, or have no significant impact on growth. The objective of this article is to analyze the role of taxation in economic growth using the ARDL model. To achieve this, we conducted an analysis covering the period 2000-2020, encompassing 38 OECD countries. Our findings reveal that taxes have a positive effect on the economy as long as the tax rate remains below a critical threshold. However, if this threshold is surpassed, fiscal policy has a negative impact on economic growth. This observation underscores the importance of striking a delicate balance in fiscal policy, highlighting the intricate influence of taxation on economic growth. Our analysis provides a nuanced perspective on the relationship between corporate taxation and growth, offering crucial insights for policymakers and economists.
