Dividend Policy: Theory And Practice

Other | June 1, 2003

byFrankfurter, George, George Frankfurter, Bob G. Wood...

not yet rated|write a review
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

Pricing and Purchase Info

$94.99 online
$123.29 list price (save 22%)
In stock online
Ships free on orders over $25

From the Publisher

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 ...

Format:OtherDimensions:384 pages, 1 × 1 × 1 inPublished:June 1, 2003Publisher:Academic PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0080488730

ISBN - 13:9780080488738

Customer Reviews of Dividend Policy: Theory And Practice

Reviews

Extra Content

Table of Contents

The Evolution of the Stock Market and the Modern Corporation in the Netherlands and the United Kingdom; The Evolution of the Stock Market and the Modern Corporation in the USA; 200 Years of Dividend Practices; Dividend Reinvestment Plans; Preferred Stock and Dividends; Early Academic Thinking and Research; Models of Symmetric Information and Empirical Research; Models of Asymmetric Information and Empirical Research; Determinants of Dividend Policies; What Academic Research Proves and What It Does Not Prove; New Ways of Thinking About Dividends and Dividend Policy: Unconventional Explanations; Regulated Industries; What If We Do Not Pay Dividends?; Other Methods of Distribution; Future Research and Thinking