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Dividend reinvestment plans as efficient methods of raising equity financing

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  • Roden, Foster
  • Stripling, Tom

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  • Roden, Foster & Stripling, Tom, 1996. "Dividend reinvestment plans as efficient methods of raising equity financing," Review of Financial Economics, Elsevier, vol. 5(1), pages 91-100.
    • Handle: RePEc:eee:revfin:v:5:y:1996:i:1:p:91-100
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    References listed on IDEAS

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    1. Peterson, Pamela P & Peterson, David R & Moore, Norman H, 1987. "The Adoption of New-Issue Dividend Reinvestment Plans and Shareholder Wealth," The Financial Review, Eastern Finance Association, vol. 22(2), pages 221-232, May.
    2. Dodd, Peter & Warner, Jerold B., 1983. "On corporate governance : A study of proxy contests," Journal of Financial Economics, Elsevier, vol. 11(1-4), pages 401-438, April.
    3. Myers, Stewart C. & Majluf, Nicholas S., 1984. "Corporate financing and investment decisions when firms have information that investors do not have," Journal of Financial Economics, Elsevier, vol. 13(2), pages 187-221, June.
    4. Ogden, Joseph P, 1994. "A Dividend Payment Effect in Stock Returns," The Financial Review, Eastern Finance Association, vol. 29(3), pages 345-369, August.
    5. Booth, James R. & Smith, Richard II, 1986. "Capital raising, underwriting and the certification hypothesis," Journal of Financial Economics, Elsevier, vol. 15(1-2), pages 261-281.
    6. Scholes, Myron S. & Wolfson, Mark A., 1989. "Decentralized investment banking : The case of discount dividend-reinvestment and stock-purchase plans," Journal of Financial Economics, Elsevier, vol. 24(1), pages 7-35, September.
    7. Barnea, Amir & Haugen, Robert A & Senbet, Lemma W, 1980. "A Rationale for Debt Maturity Structure and Call Provisions in the Agency Theoretic Framework," Journal of Finance, American Finance Association, vol. 35(5), pages 1223-1234, December.
    8. Kao, Chihwa & Wu, Chunchi, 1990. "Sinking Funds and the Agency Costs of Corporate Debt," The Financial Review, Eastern Finance Association, vol. 25(1), pages 95-113, February.
    9. Mikkelson, Wayne H. & Partch, M. Megan, 1988. "Withdrawn Security Offerings," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 23(2), pages 119-133, June.
    10. Asquith, Paul & Mullins, David Jr., 1986. "Equity issues and offering dilution," Journal of Financial Economics, Elsevier, vol. 15(1-2), pages 61-89.
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    Cited by:

    1. Shaun Bond & Yu‐Jou Pai & Suyan Zheng, 2023. "Homemade equity offerings via dividend reinvestment and stock purchase plans," Review of Financial Economics, John Wiley & Sons, vol. 41(2), pages 197-216, April.
    2. Tarun Mukherjee & H. Baker & Vineeta Hingorani, 2002. "Why firms adopt and discontinue new-issue dividend reinvestment plans," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 26(3), pages 284-296, September.
    3. Steinbart, Paul John & Swanson, Zane, 1998. "'No-load' dividend reinvestment plans," Review of Financial Economics, Elsevier, vol. 7(2), pages 121-141.
    4. Nicholas Pricha & Sean Foley & Graham Partington & Jiri Svec, 2016. "Underwritten Dividend Reinvestment Plans and Conflicts of Interest," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 43(9-10), pages 1361-1384, October.
    5. Choi, Sun-Yong, 2020. "Industry volatility and economic uncertainty due to the COVID-19 pandemic: Evidence from wavelet coherence analysis," Finance Research Letters, Elsevier, vol. 37(C).
    6. Paul John Steinbart & Zane Swanson, 1998. "‘No‐load’ dividend reinvestment plans," Review of Financial Economics, John Wiley & Sons, vol. 7(2), pages 121-141.
    7. Saporoschenko, Andrew, 1998. "Do dividend reinvestment plans contribute to industrial firm value and efficiency?," Financial Services Review, Elsevier, vol. 7(4), pages 273-289.

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