Do dividends matter? :
Ang, James S.
Do dividends matter? : a review of corporate dividend theories and evidence / - [New York] : Salomon Brothers Center for the Study of Financial Institutions, Graduate School of Business Administration, New York University, [c1987] - 68 p. : - Monograph series in finance and economics ; .
Bibliography: p. 59-65.
This paper aims at providing the reader with a comprehensive understanding of dividends and dividend policy by reviewing the main theories and explanations of dividend policy including dividend irrelevance hypothesis of Miller and Modigliani, bird-in-the-hand, tax-preference, clientele effects, signalling, and agency costs hypotheses. The paper also attempts to present the main empirical studies on corporate dividend policy.
Dividends
HG4028.D5 / A54 1987
332.63'221 / ANG
Do dividends matter? : a review of corporate dividend theories and evidence / - [New York] : Salomon Brothers Center for the Study of Financial Institutions, Graduate School of Business Administration, New York University, [c1987] - 68 p. : - Monograph series in finance and economics ; .
Bibliography: p. 59-65.
This paper aims at providing the reader with a comprehensive understanding of dividends and dividend policy by reviewing the main theories and explanations of dividend policy including dividend irrelevance hypothesis of Miller and Modigliani, bird-in-the-hand, tax-preference, clientele effects, signalling, and agency costs hypotheses. The paper also attempts to present the main empirical studies on corporate dividend policy.
Dividends
HG4028.D5 / A54 1987
332.63'221 / ANG