This book tackles the relationship between dividend policy and market value of companies in the UK through three empirical models. The aim of the first model was to test the validity of the Irrelevant Theory empirically by exploring the relationship between dividend type (cash dividend, share dividend and share repurchase), earnings (EPS) and investment policy (retained earnings per share) with the market value of a company. The second model examines if companies favour the investment policy dividend policy by investigating whether or not companies follow a residual dividends policy. The third model seeks to explore managerial preferences regarding dividend type and the most important factors affecting the company management when setting dividends policy. We arrived at a number of important results you will find it when you read this book.
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Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.