Topics in Finance, Part VII: Dividend Policy
7 Citations•2011•
Judith A. Laux
Corporate Finance: Capital Structure & Payout Policies eJournal
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Abstract
This series inspects the major topics in finance, reviewing the roles of stockholder wealth maximization, the risk-return tradeoff, and agency conflicts. The current article, devoted to dividend policy, also reviews the topic as presented in textbooks and the literature.