Mendeley出力
＜図書＞
Dividend policy : its impact on firm value
| 責任表示 | Ronald C. Lease ... [et al.] |
|---|---|
| シリーズ | Financial Management Association survey and synthesis series |
| データ種別 | 図書 |
| 出版情報 | Boston : Harvard Business School Press , c2000 |
| 本文言語 | 英語 |
| 大きさ | xiii, 219 p. : ill. ; 24 cm |
| 概要 | This authoritative guide--the only in-depth survey of dividend policy--challenges the belief that corporate executives and financial analysts should dismiss dividend policy as irrelevant to shareholde... wealth. Dividend policy does matter, say the authors, as they cite many classic and contemporary examples to show how dividend policy decisions play out in the marketplace. A carefully planned and executed policy is critical to maximizing shareholder wealth. This accessible, practical book covers every aspect of sound dividend planning and implementation. It includes a brief history of the evolution of dividends, statistics on dividends relative to profits and capital investments, their importance as a component of investor total returns, the relationship of dividends to share price, how management makes dividend decisions, and the impact of different tax regulations on dividend policies. The book focuses less on mathematics and more on the intuition of share valuation as a function of dividend policy. While the authors acknowledge the irrelevance of dividend policy in a world with perfect capital markets, they stress how market imperfections such as taxes, imperfect information, and agency issues can alter the dividend irrelevance conclusion. The book devotes special chapters to international dividend policy and to share repurchases as an alternative to dividend payouts. It concludes with the authors' recommendations on how managers should incorporate market imperfections most relevant to their firms in setting dividend policy. Dividend Policy is a must-have resource for all managers, executives, and institutional investors. 続きを見る |
所蔵情報
| 状態 | 巻次 | 所蔵場所 | 請求記号 | 刷年 | 文庫名称 | 資料番号 | コメント | 予約・取寄 | 複写申込 | 自動書庫 |
|---|---|---|---|---|---|---|---|---|---|---|
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中央図 3B | 335.45/D 79/20000236 | 2000 |
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017212000002361 |
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書誌詳細
| 一般注記 | Bibliography: p. 197-206 Includes index |
|---|---|
| 著者標目 | Lease, Ronald C. |
| 件 名 | LCSH:Dividends LCSH:Corporations -- Valuation 全ての件名で検索 |
| 分 類 | NDC9:335.45 LCC:HG4028.D5 DC21:658.15/5 |
| 書誌ID | 1000874268 |
| ISBN | 0875844979 |
| NCID | BA44594347 |
| 巻冊次 | ISBN:0875844979 |
| 登録日 | 2009.09.15 |
| 更新日 | 2009.09.15 |