Explaining investor preference for cash dividends

Journal of Financial Economics

Volumn 13, Issue 2, 1984, Pages 253-282

  Shefrin, Hersh M ^a   Statman, Meir ^a  

^a SANTA CLARA UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0000585629     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/0304-405X(84)90025-4     Document Type: Article

References (48)

1. The economic consequences of cognitive dissonance
2. Risk perception in psychology and economics
3. Regret in decision making under uncertainty
4. Imperfect information dividend policy and the ‘bird-in-the-hand’ fallacy
5. The effects of dividend yield and dividend policy on common stock prices and returns
6. The dividend puzzle
7. Taxes, market valuation, and financial policy
8. Shareholder wealth, information signaling, and the specially designated dividend
9. Dividend information, stock returns, and market efficiency
10. Does the investment limitation explain the existence of dividends?
11. Why do companies pay dividends?
12. The utility analysis of choices involving risk
13. To pay or not to pay dividends
14. Theory of the firm: Managerial behavior, agency costs and ownership structure
15. Prospect theory An analysis of decision under risk
16. The psychology of preferences
17. Market segmentation Evidence on the individual investor
18. Dividends short selling restrictions tax-induced investor clienteles and market equilibrium
19. The effect of personal taxes and dividends on capital asset prices: Theory and empirical evidence
20. The effect of dividends on common stock prices tax effects or information effects
21. The market valuation of cash dividends
22. Regret theory An alternative theory of rationale choice under uncertainty
23. A rationale for preference reversal
24. A case for dropping dividends
25. Expected utility analysis without the independence axiom
26. The utility of wealth
27. Dividend policy and the valuation of shares
28. Dividends and taxes
29. Dividends and taxes Some empirical evidence
30. Taxes, transactions costs and the clientele effect of dividends
31. The anomalous stock market behavior of small firms in January: Empirical tests for tax-loss selling effects
32. Tests of capital asset pricing hypotheses
33. Size and stock returns, and other empirical irregularities
34. A self-control based theory of personal saving
35. Life cycle vs. self-control theories of saving: A look at the evidence
36. Psychological study of human judgment Implications for investment decision making
37. Toward a positive theory of consumer choice
38. Using mental accounting in a theory of consumer behavior
39. An economic theory of self-control
40. The framing of decisions and the psychology of choice
41. The information content of dividends
42. The costs and benefits of cost allocations