DIVIDEND POLICY: THEORY AND PRACTICE By George Frankfurter & Bob G. Wood

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Condition
Very Good
A book that has been read but is in excellent condition. No obvious damage to the cover, with the dust jacket included for hard covers. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins. May be very minimal identifying marks on the inside cover. Very minimal wear and tear. See all condition definitionsopens in a new window or tab
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“Good condition.”
Book Title
Dividend Policy: Theory and Practice
Item Height
9 inches
ISBN-10
012266051X
Genre
BUSINESS & ECONOMICS
ISBN
9780122660511
Category

About this product

Product Identifiers

Publisher
Elsevier Science & Technology
ISBN-10
012266051X
ISBN-13
9780122660511
eBay Product ID (ePID)
27038607124

Product Key Features

Number of Pages
384 Pages
Language
English
Publication Name
Dividend Policy : Theory and Practice
Subject
Management, Corporate Finance / General, Investments & Securities / General, Personal Finance / General
Publication Year
2003
Type
Textbook
Subject Area
Business & Economics
Author
Bob G. Wood, James Wansley, George Frankfurter
Format
Hardcover

Dimensions

Item Weight
35.3 Oz
Item Length
9 in
Item Width
6 in

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
2003-100452
Reviews
"Frankfurter and Wood challenge establishment theory on dividend policy with an eclectic and sophisticated survey of current practice that also makes reading academic finance enjoyable." --Myron J. Gordon, Professor of Finance, University of Toronto, Canada "A valuable and complete guide to all you need to know about dividends." --Donald J. Mullineaux, Director, School of Management, duPont Chair in Banking and Financial Services, University of Kentucky, Lexington, USA "Celebrating Ken Arrow's Nobel Prize, Paul Samuelson commented that the theory of democracy can never be the same since Arrow. After the publication of George Frankfurter and Bob Wood's breath-taking [book] financial economics cannot be the same as before." Manfred J. Holler, University of Hamburg, Germany, "Frankfurter and Wood challenge establishment theory on dividend policy with an eclectic and sophisticated survey of current practice that also makes reading academic finance enjoyable." --Myron J. Gordon, Professor of Finance, University of Toronto, Canada "A valuable and complete guide to all you need to know about dividends." --Donald J. Mullineaux, Director, School of Management, duPont Chair in Banking and Financial Services, University of Kentucky, Lexington, USA "Celebrating Ken Arrow's Nobel Prize, Paul Samuelson commented that the theory of democracy can never be the same since Arrow. After the publication of George Frankfurter and Bob Wood's breath-taking [book] financial economics cannot be the same as before." --Manfred J. Holler, University of Hamburg, Germany
Table Of Content
The Evolution of the Stock Market and the Modern Corporation in the Netherlands and the United Kingdom; The Evolution of the Stock Market and the Modern Corporation in the USA; 200 Years of Dividend Practices; Dividend Reinvestment Plans; Preferred Stock and Dividends; Early Academic Thinking and Research; Models of Symmetric Information and Empirical Research; Models of Asymmetric Information and Empirical Research; Determinants of Dividend Policies; What Academic Research Proves and What It Does Not Prove; New Ways of Thinking About Dividends and Dividend Policy: Unconventional Explanations; Regulated Industries; What If We Do Not Pay Dividends?; Other Methods of Distribution; Future Research and Thinking
Synopsis
Dividend Policy provides a comprehensive study of dividend policy. It explores the puzzle presented by dividends: irrational and subject to fashion, yet popular and desirable, they remain a priority among managers, even while perceived as largely symbolic. After exploring the history of dividend payments, from the emergence of the modern corporation to current perspectives, it traces the evolution of academic models on dividend policy. Here the authors review models of symmetric and asymmetric information before analyzing academia's accomplishments in solving the dividend puzzle. Related subjects, such as valuation and wealth distribution, round out the authors' presentation about new ways to think about one of the most intriguing subjects in financial economics. The book is recommended for professors and students in departments of finance and business, corporate finance staff, and financial regulators., Dividend Policy provides a comprehensive study of dividend policy. It explores the puzzle presented by dividends: irrational and subject to fashion, yet popular and desirable, they remain a priority among managers, even while perceived as largely symbolic. After exploring the history of dividend payments, from the emergence of the modern corporation to current perspectives, it traces the evolution of academic models on dividend policy. Here the authors review models of symmetric and asymmetric information before analyzing academia's accomplishments in solving the dividend puzzle. Related subjects, such as valuation and wealth distribution, round out the authors' presentation about new ways to think about one of the most intriguing subjects in financial economics. The book is recommended for professors and students in departments of finance and business, corporate finance staff, and financial regulators. The only comprehensive study of dividend policy Covers the historical evolution of dividends and academic research on dividend policy Presents new ways of thinking about dividends and dividend policy
LC Classification Number
HG4028.D5F724 2003

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