메뉴 건너뛰기




Volumn 60, Issue 1, 2001, Pages 3-43

Disappearing dividends: Changing firm characteristics or lower propensity to pay?

Author keywords

Dividends; G32; G35; New listings; Payout policy; Stock repurchases

Indexed keywords


EID: 0003164748     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-405X(01)00038-1     Document Type: Article
Times cited : (1721)

References (16)
  • 3
    • 84977712208 scopus 로고
    • Dividend policy and financial distress: An empirical examination of troubled NYSE firms
    • DeAngelo H., DeAngelo L. Dividend policy and financial distress. an empirical examination of troubled NYSE firms Journal of Finance. 45:1990;1415-1431.
    • (1990) Journal of Finance , vol.45 , pp. 1415-1431
    • Deangelo, H.1    Deangelo, L.2
  • 7
    • 0001413464 scopus 로고
    • Two agency-cost explanations of dividends
    • Easterbrook F. Two agency-cost explanations of dividends. American Economic Review. 74:1984;650-659.
    • (1984) American Economic Review , vol.74 , pp. 650-659
    • Easterbrook, F.1
  • 9
    • 0000928969 scopus 로고
    • Risk, return, and equilibrium: Empirical tests
    • Fama E., MacBeth J. Risk, return, and equilibrium. empirical tests Journal of Political Economy. 81:1973;607-636.
    • (1973) Journal of Political Economy , vol.81 , pp. 607-636
    • Fama, E.1    MacBeth, J.2
  • 11
    • 0001357772 scopus 로고    scopus 로고
    • Financial flexibility and the choice between dividends and stock repurchases
    • Jagannathan M., Stephens C., Weisbach M. Financial flexibility and the choice between dividends and stock repurchases. Journal of Financial Economics. 57:2000;355-384.
    • (2000) Journal of Financial Economics , vol.57 , pp. 355-384
    • Jagannathan, M.1    Stephens, C.2    Weisbach, M.3
  • 12
    • 84993850751 scopus 로고
    • The post-issue operating performance of IPO firms
    • Jain B., Kini O. The post-issue operating performance of IPO firms. Journal of Finance. 49:1994;1699-1726.
    • (1994) Journal of Finance , vol.49 , pp. 1699-1726
    • Jain, B.1    Kini, O.2
  • 13
    • 0001066475 scopus 로고
    • Agency costs of free-cash-flow, corporate finance, and takeovers
    • Jensen M. Agency costs of free-cash-flow, corporate finance, and takeovers. American Economic Review. 76:1986;323-329.
    • (1986) American Economic Review , vol.76 , pp. 323-329
    • Jensen, M.1
  • 14
    • 0031161492 scopus 로고    scopus 로고
    • Ownership and operating performance of companies that go public
    • Mikkelson W., Partch M., Shah K. Ownership and operating performance of companies that go public. Journal of Financial Economics. 44:1997;281-307.
    • (1997) Journal of Financial Economics , vol.44 , pp. 281-307
    • Mikkelson, W.1    Partch, M.2    Shah, K.3
  • 15
    • 84944830772 scopus 로고
    • The capital structure puzzle
    • Myers S. The capital structure puzzle. Journal of Finance. 39:1984;575-592.
    • (1984) Journal of Finance , vol.39 , pp. 575-592
    • Myers, S.1
  • 16
    • 48549110620 scopus 로고
    • Corporate financing and investment decisions when firms have information the investors do not have
    • Myers S., Majluf N. Corporate financing and investment decisions when firms have information the investors do not have. Journal of Financial Economics. 13:1984;187-221.
    • (1984) Journal of Financial Economics , vol.13 , pp. 187-221
    • Myers, S.1    Majluf, N.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.