Articles liés à Dividend Puzzle: Does Lintner’s Model Support...

Dividend Puzzle: Does Lintner’s Model Support Corporate Dividend Payments? - Couverture souple

Lotto, Josephat

 
9783659183669: Dividend Puzzle: Does Lintner’s Model Support Corporate Dividend Payments?
Couverture souple
ISBN 10 : 3659183660 ISBN 13 : 9783659183669
Editeur : LAP LAMBERT Academic Publishing, 2012

Synopsis

While we are still in the dilemma yet to have a consensus in our understanding of dividends, the empirical modeling of dividend policy has overwhelmingly relied on the model proposed by Lintner (1956). Despite the huge literature in dividends, a number of key issues remain unresolved and clear guidelines for an “optimal payout policy” have not emerged. The aim of this manuscript is to assess whether Lintner’s dividend model supports dividend payments in corporate firms. In attempt to test whether the Lintner’s model explains the dividend payments of the corporate firms, the manuscript tries to answer the following questions; Do corporate firms have long-term target dividend payout ratios?, Do managers focus more on dividend changes than on absolute levels?, Does Dividend follow a smoother path than earnings? And Are managers reluctant to make changes to dividends that might have to be reversed?

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

While we are still in the dilemma yet to have a consensus in our understanding of dividends, the empirical modeling of dividend policy has overwhelmingly relied on the model proposed by Lintner (1956). Despite the huge literature in dividends, a number of key issues remain unresolved and clear guidelines for an “optimal payout policy” have not emerged. The aim of this manuscript is to assess whether Lintner’s dividend model supports dividend payments in corporate firms. In attempt to test whether the Lintner’s model explains the dividend payments of the corporate firms, the manuscript tries to answer the following questions; Do corporate firms have long-term target dividend payout ratios?, Do managers focus more on dividend changes than on absolute levels?, Does Dividend follow a smoother path than earnings? And Are managers reluctant to make changes to dividends that might have to be reversed?

Biographie de l'auteur

Dr Josephat Lotto is a lecturer at the Institute of Finance Management in Tanzania, East Africa. He holds PhD in Finance. Josephat started his PhD program in Leeds University, UK in January 2009 and completed it in the University of Strathclyde, UK in February 2012.His major writing and research areas are Corporate Governance and Corporate Finance.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2012
Langue
anglais
ISBN 10 
3659183660
ISBN 13 
9783659183669
Reliure
Broché
Nombre de pages
80
Coordonnées du fabricant
non disponible
Personne responsable
KreGa Onlinehandel GmbH
4950000000000
info@krega-onlinehandel.de

Birkenweg 31
Brakel
33034
Allemagne