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Dividend Policy - Theory and Practice (Hardcover, 1st ed)
Loot Price: R2,802
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Dividend Policy - Theory and Practice (Hardcover, 1st ed)
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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
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