Shareholder Dividend Options
نویسندگان
چکیده
منابع مشابه
Shareholder protection and dividend policy: an experimental analysis
For nearly half a century, the literature on dividend payments has questioned why firms pay dividends at all. Two competing models have emerged to explain this. In low investor protection regimes, corporate insiders give dividends to signal trust. In high-protection regimes, outside investors have the power to demand dividends. Using a unique laboratory experiment, our results back the empirica...
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e live in a period of heightened uncertainty. Our current business environment is being shaped by large-scale and long-term trends, such as deregulation and Robert Merton in 1973. Another early and consistent advocate of this way of thinking has been Stewart Myers, the MIT finance professor who coined the term “real options” in an article published in 1984. In that article, Myers went so far as...
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ژورنال
عنوان ژورنال: The Yale Law Journal
سال: 1995
ISSN: 0044-0094
DOI: 10.2307/797108