Essays about: "Substitution and Flexibility Hypotheses"

Found 2 essays containing the words Substitution and Flexibility Hypotheses.

  1. 1. Patterns and Determinants of Payout Policy in the 21-st Century : A study of the Nordic Countries.

    University essay from Umeå universitet/Företagsekonomi

    Author : Tatiana Silva da Costa; Abubacarr Sidy Nyassi; [2021]
    Keywords : Firms’ factors; cash dividends; share repurchases; payout ratio; Dividend Irrelevance Theory; Signaling Theory; Agency Theory; Life-cycle Theory; Substitution and Flexibility Hypotheses;

    Abstract : Payout policies is one of the most discussed topics in corporate finance. Since Miller & Modigliani (1961) dividend irrelevance theory, which was based on perfect markets, many theories have been developed in order to incorporate market imperfections to payout decisions. READ MORE

  3. 2. A Study of Payout Policies and Certain Underlying Decisive Factors with Regards to

    University essay from Göteborgs universitet/Företagsekonomiska institutionen

    Author : Samuel Johansson; Tomas Hellman; [2007-08-22T10:33:56Z]
    Keywords : Repurchases; dividends; payout policy; capital structure; profits; market valuation market-to-book ratio ;

    Abstract : On March 10th 2000 a law was passed that enables Swedish companies to repurchase own shares. As a consequence of this several studies have examined dividends and repurchases, mainly focusing on their relation to share price development from an investor’s perspective. READ MORE