Dividend policy: Reconciling DD with MM

Journal of Financial Economics

Volumn 87, Issue 2, 2008, Pages 528-531

  Handley, John C ^a  

^a UNIVERSITY OF MELBOURNE   (Australia)

Author keywords

Dividends; Miller Modigliani; Payout policy

Indexed keywords

EID: 38149037890     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfineco.2007.02.002     Document Type: Article

References (7)

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3. Fama E.F., and Miller M.H. The Theory of Finance (1972), Dryden press, Illinois
4. Jensen M.C. Agency costs of free cash flow, corporate finance and takeovers. American Economic Review 76 (1986) 323-329
5. Miller M.H., and Modigliani F. Dividend policy, growth and the valuation of shares. Journal of Business 34 (1961) 411-433
6. Myers S.C. Determinants of corporate borrowing. Journal of Financial Economics 5 (1977) 147-175
7. Rubinstein M. The irrelevancy of dividend policy in an Arrow-Debreu economy. Journal of Finance 31 (1976) 1229-1230