Corporate Payout Policy synthesizes the academic research on payout policy and explains "how much, when, and how". That is (i) the overall value of payouts over

Dividend policy continues to be among the premier unsolved puzzles in finance. A number of theories have been advanced to explain dividend policy. This e-book b

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

With relevant anecdotes, surveys, examples, and research from the financial press, company documents, and academic literature, the book focuses less on mathemat

Dividends And Dividend Policy As part of the Robert W. Kolb Series in Finance, Dividends and Dividend Policy aims to be the essential guide to dividends and the