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Dividend Policy: Theory and Practice 14.0%OFF

Dividend Policy: Theory and Practice

by George Frankfurter, Bob G. Wood and James Wansley

  • ISBN

    :  

    9780122660511

  • Publisher

    :  

    Academic Press

  • Subject

    :  

    Finance & Accounting, Economics, Economics, Finance, Business & Management

  • Binding

    :  

    HARDCOVER

  • Pages

    :  

    384

  • Year

    :  

    2003

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8440.0

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₹

7258.0

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  • Description

    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 beforeanalyzing 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

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