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Dividend policy theories and their empirical tests

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  • Frankfurter, George M.
  • Wood, Bob Jr.
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    Article provided by Elsevier in its journal International Review of Financial Analysis.

    Volume (Year): 11 (2002)
    Issue (Month): 2 ()
    Pages: 111-138

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    Handle: RePEc:eee:finana:v:11:y:2002:i:2:p:111-138

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    References

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    1. Aaro Hazak, 2007. "Companies’ Financial Decisions under the Distributed Profit Taxation Regime of Estonia," Working Papers 155, Tallinn School of Economics and Business Administration, Tallinn University of Technology.
    2. Thomas McCluskey & Aoife Broderick & Amanda Boyle & Bruce Burton & David Power, 2010. "Evidence on Irish financial analysts' and fund managers' views about dividends," Qualitative Research in Financial Markets, Emerald Group Publishing, vol. 2(2), pages 80-99, October.
    3. Ming Dong & Chris Robinson & Chris Veld, 2004. "Why Individual Investors Want Dividends," Finance 0412009, EconWPA.
    4. Frankfurter, George M. & Kosedag, Arman & Chiang, Kevin & Collison, David & Power, David M. & Schmidt, Hartmut & So, Raymond & Topalov, Mihail, 2004. "A comparative analysis of perception of dividends by financial managers," Research in International Business and Finance, Elsevier, vol. 18(1), pages 73-114, April.
    5. Aerts, Walter & Campenhout, Geert Van & Caneghem, Tom Van, 2008. "Clustering in dividends: Do managers rely on cognitive reference points?," Journal of Economic Psychology, Elsevier, vol. 29(3), pages 276-284, June.
    6. Aaro Hazak, 2006. "Dividend Decision under Distributed Profit Taxation: Investor’s Perspective," Working Papers 145, Tallinn School of Economics and Business Administration, Tallinn University of Technology.
    7. Richard Fairchild, 2010. "Dividend policy, signalling and free cash flow: an integrated approach," Managerial Finance, Emerald Group Publishing, vol. 36(5), pages 394-413, May.
    8. Tom Van Caneghem & Walter Aerts, 2011. "Intra-industry conformity in dividend policy," Managerial Finance, Emerald Group Publishing, vol. 37(6), pages 492-516, June.
    9. Fairchild, Richard & Guney, Yilmaz & Thanatawee, Yordying, 2014. "Corporate dividend policy in Thailand: Theory and evidence," International Review of Financial Analysis, Elsevier, vol. 31(C), pages 129-151.
    10. Thomas McCluskey & Bruce Burton & David Power, 2007. "Evidence on Irish financial directors' views about dividends," Qualitative Research in Accounting & Management, Emerald Group Publishing, vol. 4(2), pages 115-132, July.
    11. Balachandran, Balasingham & Faff, Robert & Nguyen, Tuan Anh, 2008. "The ex-date impact of special dividend announcements: A note," International Review of Financial Analysis, Elsevier, vol. 17(3), pages 635-643, June.

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