Essays about: "dividend irrelevance theory"

Found 4 essays containing the words dividend irrelevance theory.

  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. Determinants of dividend policy

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Henrik Svensson; Victor Thorén; [2015]
    Keywords : Business and Economics;

    Abstract : Dividend is a much-debated subject and has been compared to a puzzle with no sole solution to explain why firms pay dividend. Many academics have tried to determine what company variables determines a firm’s dividend policy. These studies have provided different explanatory variables to explain why firms pay dividends. READ MORE

  4. 3. The Relationship between Changes in Cash Dividends and Volatility of Stock Returns : A study of the Swedish Stock Market

    University essay from Företagsekonomi

    Author : Sandra Renberg; Cecilia Nylander; [2013]
    Keywords : dividend policy; dividend irrelevance theory; acency costs; signaling theory; volatility; risk-return; beta; cash dividends; bird-in-the-hand hypothesis; return volatility;

    Abstract : The dividend policy and the distribution of cash dividend can be of interest to the investors from many angles. Consequently, many theories have been built on the relevance of dividend policy and there are several theories proposing that dividends increase shareholder value. READ MORE

  5. 4. Determinants of Dividend Payout Ratios : A Study of Swedish Large and Medium Caps

    University essay from Företagsekonomi

    Author : Gustav Hellström; Gairatjon Inagambaev; [2012]
    Keywords : dividends; dividend determinants; dividend payout ratio; Modigliani Miller; signaling theory; free cash flow hypothesis; agency theory.;

    Abstract : The dividend payout policy is one of the most debated topics within corporate finance and some academics have called the company’s dividend payout policy an unsolved puzzle. Even though an extensive amount of research regarding dividends has been conducted, there is no uniform answer to the question: what are the determinants of the companies’ dividend payout ratios? We therefore decided to conduct a study regarding the determinants of the companies’ dividend payout ratios on large and medium cap on Stockholm stock exchange. READ MORE