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Dividends are not only a means of regular income but also an important input in the valuation of firm through the information content of dividends. This study investigates the impact of dividends on future earnings among Malaysian public listed companies from 2000 to 2020 with panel data analysis. Overall, the results show insignificant relationships between dividends and future firm performance, which refute the information content hypothesis of the signaling theory. However, sensitivity analysis among subsamples with large market capitalization, high payout frequency and those that also pursue share buyback programs portray positive and significant firm performance in the first year subsequent to dividend payment. Therefore, it is suggested that future research may examine the impacts of dividends on future firm performance over a longer period of time that exceeds one year.

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The study is possibly the first to examine the role of knowledge sharing in enhancing the competitiveness of rural tourism destinations, with a particular emphasis on sustainable management, destination marketing efforts, and comparative and competitive advantage. 315 valid questionnaires were collected from domestic and international visitors to Sarawak's five rural tourism destinations. A PLS-SEM approach was used to evaluate the developed model, with PLS estimation and hypothesis testing performed using the WarpPLS software. Interestingly, the statistical findings indicate that knowledge sharing has a significant effect on rural tourism destinations' competitiveness. The findings unavoidably contributed to the fundamental concept of destination competitiveness by identifying knowledge sharing as a resource for developing rural tourism destination competitiveness and its contribution to sustainable management, destination marketing efforts, as well as the comparative and competitive advantage of rural tourism destinations that are currently underdeveloped. This study contributes a comprehensive picture of how an intangible innovation can help develop a tourism destination's competitiveness. Future research should concentrate on identifying appropriate platforms to facilitate knowledge sharing among tourism stakeholders.