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Do dividends matter? : a review of corporate dividend theories and evidence /

By: Material type: TextTextSeries: Monograph series in finance and economicsPublication details: [New York] : Salomon Brothers Center for the Study of Financial Institutions, Graduate School of Business Administration, New York University, [c1987]Description: 68 pSubject(s): DDC classification:
  • 332.63'221 ANG
LOC classification:
  • HG4028.D5 A54 1987
Summary: 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.
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Holdings
Item type Current library Collection Call number Copy number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 332.63'221 ANG (Browse shelf(Opens below)) c.1 Available 31008100211271

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.

osc 31/01/2019

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