Dividend Policy

Dividend Policy
Author :
Publisher : Harvard Business Review Press
Total Pages : 248
Release :
ISBN-10 : UOM:49015002592450
ISBN-13 :
Rating : 4/5 ( Downloads)

Book Synopsis Dividend Policy by : Ronald C. Lease

Download or read book Dividend Policy written by Ronald C. Lease and published by Harvard Business Review Press. This book was released on 2000 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: With relevant anecdotes, surveys, examples, and research from the financial press, company documents, and academic literature, the book focuses less on mathematics and more on the intuition of share valuation as a function of dividend policy.


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Dividends are not only a signal about a firm's prospects under asymmetric information, but they can also act as a corporate governance device to align the manag