메뉴 건너뛰기




Volumn 11, Issue 2, 2002, Pages 111-138

Dividend policy theories and their empirical tests

Author keywords

Dividend policy; Dividend theory; Empirical test of dividend policy

Indexed keywords


EID: 0036309061     PISSN: 10575219     EISSN: None     Source Type: Journal    
DOI: 10.1016/S1057-5219(02)00071-6     Document Type: Article
Times cited : (74)

References (228)
  • 8
    • 84926275581 scopus 로고
    • The internal financing decisions of the industrial and commercial sector: A reappraisal of the Lintner model of dividend disbursements
    • (1983) Economica , vol.50 , pp. 235-248
    • Anderson, G.J.1
  • 18
    • 84977704801 scopus 로고
    • Canada's dual class shares: Further evidence on the market value of cash dividends
    • (1988) Journal of Finance , vol.43 , pp. 1143-1160
    • Bailey, W.1
  • 59
    • 0003439194 scopus 로고
    • The information content of dividend changes: Cash flow signaling. Overinvestment, and dividend clienteles
    • Unpublished working paper
    • (1992)
    • Denis, D.J.1    Denis, D.K.2    Sarin, A.3
  • 90
  • 91
    • 84902388939 scopus 로고
    • Time-series cross-sectional tests of dividend policy determinants
    • Unpublished working paper
    • (1992)
    • Frankfurter, G.M.1    Gong, J.2
  • 99
  • 100
    • 0009776374 scopus 로고
    • Taxation and the ex-dividend day behavior of common stock prices
    • NBER working paper
    • (1980)
    • Green, J.1
  • 101
    • 0001662013 scopus 로고
    • Competitive information in the stock market: An empirical study of earnings, dividends, and analysts' forecasts
    • (1976) Journal of Finance , vol.31 , pp. 631-650
    • Griffen, P.A.1
  • 103
    • 0009751440 scopus 로고
    • Dividend signaling and cash flow: An empirical examination
    • Unpublished working paper
    • (1993)
    • Gu, Z.1    Clayton, R.2
  • 109
    • 0009777418 scopus 로고
    • The dividend-clientele controversy and the Tax Reform Act of 1986
    • Unpublished working paper
    • (1992)
    • Hearth, D.1    Rimbey, J.H.2
  • 110
    • 0009796199 scopus 로고
    • The ex-dividend day behavior of stock returns: Further evidence on tax effects
    • (1982) Journal of Finance , vol.37 , pp. 445-456
    • Hess, P.1
  • 113
    • 26544465354 scopus 로고
    • Dividend policy is relevant in perfect markets
    • Unpublished working paper
    • (1992)
    • Ho, K.1    Robinson, C.2
  • 130
    • 4243979946 scopus 로고
    • Corporate dividend dynamics and information signaling
    • Unpublished working paper
    • (1992)
    • Kao, C.1    Wu, C.2    Lin, Y.-C.3
  • 135
    • 4243618216 scopus 로고
    • Financing slack, investment opportunities and market reaction to dividend changes
    • Unpublished working paper
    • (1992)
    • Kim, Y.K.1    Viswanath, P.V.2
  • 136
  • 137
    • 0008993633 scopus 로고
    • Uncertainty and profit
    • London: Augustus M. Kelley, Bookseller
    • (1964)
    • Knight, F.H.1
  • 145
    • 0009751139 scopus 로고
    • The role of growth opportunities in dividend initiations and omissions: Dividend signaling hypothesis or free cash flow hypothesis
    • Unpublished working paper
    • (1992)
    • Lee, H.-W.1    Robert-Grandoff, P.A.2
  • 160
  • 179
    • 26544467288 scopus 로고
    • Still searching for capital structure
    • Keynote address delivered at the HEC International Conference
    • (1990)
    • Myers, S.C.1
  • 182
  • 198
    • 0003796095 scopus 로고
    • The constitution and finance of English, Scottish, and Irish joint stock companies to 1720
    • Cambridge: Cambridge University Press
    • (1912)
    • Scott, W.R.1
  • 205
    • 4243533094 scopus 로고
    • The effects of growth opportunities on dividend signaling
    • Unpublished working paper
    • (1991)
    • Shrader, M.J.1    Milkman, M.2
  • 208
    • 0003587413 scopus 로고
    • The wealth of nations
    • New York: Random House
    • (1937)
    • Smith, A.1
  • 213
    • 4243618215 scopus 로고
    • Corporate dividend policy in an agency costs framework
    • Unpublished working paper
    • (1992)
    • Sun, Y.E.1
  • 218
    • 0001600250 scopus 로고
    • The impact of dividend initiation on the information content of earnings announcements and returns volatility
    • (1989) Journal of Business , vol.62 , pp. 175-198
    • Venkatesh, P.C.1
  • 224
    • 0002979221 scopus 로고
    • Comments on "The impact of dividend and earnings announcements: A reconciliation"
    • (1976) Journal of Business , vol.49 , pp. 97-106
    • Watts, R.1
  • 225
  • 228
    • 0009773977 scopus 로고
    • The impact of the 1986 Tax Reform on ex-dividend day volume and price behavior
    • Unpublished working paper
    • (1992)
    • Wu, C.1    Hsu, J.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.