Home » Dividend Policy: Theory and Practice by George M. Frankfurter
Dividend Policy: Theory and Practice George M. Frankfurter

Dividend Policy: Theory and Practice

George M. Frankfurter

Published March 24th 2003
ISBN : 9780122660511
Hardcover
384 pages
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 About the Book 

Dividend Policy explores the puzzle presented by dividends: irrational and subject to fashion, yet popular and desirable, they remain a priority among managers, even while perceived as largely symbolic. After exploring the history of dividend payments, from the emergence of the modern corporation to current perspectives, it traces the evolution of academic models on dividend policy. Here the authors review models of symmetric and asymmetric information before analyzing academias accomplishments in solving the dividend puzzle.Related subjects, such as valuation and wealth distribution, round out the authors presentation about new ways to think about one of the most intriguing subjects in financial economics.* The only comprehensive study of dividend policy* Covers the historical evolution of dividends and academic research on dividend policy* Presents new ways of thinking about dividends and dividend policy