Dividends and dividend policy : an overview -- The historical evolution of dividends -- Trends in dividends : payers and payouts -- Factors influencing dividends -- Cross-country determinants of payout policy : European firms -- Dividend irrelevance theory -- Residual dividend policy -- Taxes and clientele effects -- Agency costs and the free cash flow hypothesis -- Asymmetric information and signaling theory -- Behavioral explanations of dividends -- The firm life cycle theory of dividends -- The catering theory of dividends -- Stock repurchases : theory and evidence, part 1 -- Stock repurchases : theory and evidence, part 2 -- Stock repurchases and dividends : trade-offs and trends -- Beating the market with share buybacks -- Special dividends -- Stock splits, stock dividends, and reverse stock splits -- Dividend reinvestment plans -- Cash dividends and stock repurchases -- Stock splits, stock dividends, and dividend reinvestment plans -- Why individual and professional investors want dividends -- Why firms beging paying dividends : value, growth, and life cycle effects -- Dividend policy and corporate governance -- Dividend policy in regulated industries -- Dividend policy in a global perspective -- Divident policy in emerging markets.
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 their impact on shareholder value. Issues concerning dividends and dividend policy have always posed challenges to both academics and professionals. While all the pieces to the dividend puzzle may not be in place yet, the information found here can help you gain a firm understanding of this dynamic discipline. Comprising twenty-eight chapters--contributed by both top academics and financial experts in the field--this well-rounded resource d.