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Dividend Policy: Theory and Practice PDF

249 Pages·2003·1.599 MB·English
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by George Frankfurter, Bob G. Wood, James Wansley| 2003| 249 pages| 1.599| English

About Dividend Policy: Theory and Practice

Dividend Policy explores the puzzle presented by dividends: irrational and subject to fashion, yet popular and desirable, they remain a priority among managers, even while perceived as largely symbolic. After exploring the history of dividend payments, from the emergence of the modern corporation to current perspectives, it traces the evolution of academic models on dividend policy. Here the authors review models of symmetric and asymmetric information before analyzing academia's accomplishments in solving the dividend puzzle. Related subjects, such as valuation and wealth distribution, round out the authors' presentation about new ways to think about one of the most intriguing subjects in financial economics. * The only comprehensive study of dividend policy* Covers the historical evolution of dividends and academic research on dividend policy* Presents new ways of thinking about dividends and dividend policy

Detailed Information

Author:George Frankfurter, Bob G. Wood, James Wansley
Publication Year:2003
ISBN:9781429478151
Pages:249
Language:English
File Size:1.599
Format:PDF
Price:FREE
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