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Dividend Policy
C/F/906. Evaluation of the reasons why firms pay dividends
- WORDS:
- 1250
- DATE:
- 2010
- PRICE:
- 19.99 GBP
This paper examines the reasons why firms pay dividends. By discussing the power of shareholders, the Modigliani-Miller dividend irrelevancy theorem, free cash flow theory, The DeAngelo, De Angelo and Stulz (2004) study, the lifecycle theory, and the real market, the paper concludes by summarising the reasons behind dividends.
KEYWORDS: Firms, dividends, shareholders, the lifecycle theory, Modigliani-Miller dividend irrelevancy theorem, free cash flow theory, the real market,
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WHAT OTHERS HAVE SAID
I've got the paper. It's really good andproven to be very helpful. Thanks.Mike
