Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download Dividend Policy And Enterprise Valuation full books in PDF, epub, and Kindle. Read online Dividend Policy And Enterprise Valuation ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author : James E. Walter
Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.3/5 (512 download)
Download or read book Dividend Policy and Enterprise Valuation written by James E. Walter and published by . This book was released on 1967 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : George Frankfurter
Publisher : Elsevier
ISBN 13 : 0080488730
Total Pages : 249 pages
Book Rating : 4.0/5 (84 download)
Download or read book Dividend Policy written by George Frankfurter and published by Elsevier. This book was released on 2003-06-24 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Author : Ronald C. Lease
Publisher : Harvard Business Review Press
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.4/5 (91 download)
Download or read book Dividend Policy written by Ronald C. Lease and published by Harvard Business Review Press. This book was released on 2000 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: With relevant anecdotes, surveys, examples, and research from the financial press, company documents, and academic literature, the book focuses less on mathematics and more on the intuition of share valuation as a function of dividend policy.
Author : Merve Arslan
Publisher : Nida Yayıncılık
ISBN 13 : 6057225678
Total Pages : 62 pages
Book Rating : 4.0/5 (572 download)
Download or read book The Relationship Between Firms’ Dividend Policies, Dividend Announcements And Firm Value written by Merve Arslan and published by Nida Yayıncılık. This book was released on 2023-10-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction In today’s finance literature, the main goal of company owners and managers is to maximize the market value of their companies. There are three main decisions that determine the value of companies. These decisions (Akgüç, 2010: 5); • Investment decisions, • Financing decisions, • Dividend policy decisions. When making decisions regarding the company’s investment, financing and dividend distribution, the financial manager must investigate which decision will maximize the company value and implement it. Dividend policy includes decisions about how much of the company’s profit earned at the end of the year will be distributed to shareholders as dividends and how much will not be distributed and left within the company. Investors prefer to invest their savings in stocks that will provide regular and high dividend yields. However, expecting the company to pay high dividends and expecting it to grow are two conflicting goals. A company that distributes high dividends will do less self-financing. The dividend policy determined by company managers should not hinder the growth of the company and should also meet the dividend expectations of the shareholders (Demirel, 2014: 93). Investors will prefer to invest their savings in the stocks of companies that pay stable dividends. If companies pay dividends consistently, investors will perceive the company as being in good shape. This study aims to determine whether companies announcing to the public that they will pay dividends will cause abnormal returns in the stocks of the relevant companies. In other words, the impact of companies’ decision to distribute dividends on the value of the relevant companies was investigated. According to the efficient markets hypothesis, in semi-strong form efficient markets, firms cannot obtain abnormal returns on their stocks with any information they disclose to the public. With this study, it will be determined how the company value is affected when companies’ dividend distribution decisions are announced to the public. Moreover, it will be revealed to what extent the capital market in Turkey is effective in semi-strong form.
Author : Narayan Changder
Publisher : CHANGDER OUTLINE
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4./5 ( download)
Download or read book DIVIDEND POLICY written by Narayan Changder and published by CHANGDER OUTLINE. This book was released on 2024-01-19 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uncover the secrets of effective dividend management with "Dividend Policy Decoded." This insightful guide provides a comprehensive exploration of dividend strategies, helping both students and professionals navigate the complexities of corporate finance. Dive into key topics such as dividend payout ratios, dividend stability, and shareholder value. Download now to enhance your financial decision-making skills, optimize dividend policies, and achieve long-term success. Elevate your understanding of corporate finance with this essential resource. Download your guide to mastering dividend policy and shaping financial success today!
Author : H. Kent Baker
Publisher : John Wiley & Sons
ISBN 13 : 0470455802
Total Pages : 552 pages
Book Rating : 4.4/5 (74 download)
Download or read book Dividends and Dividend Policy written by H. Kent Baker and published by John Wiley & Sons. This book was released on 2009-05-04 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 discusses everything from corporate dividend decisions to the role behavioral finance plays in dividend policy. Along the way, you'll gain valuable insights into the history, trends, and determinants of dividends and dividend policy, and discover the different approaches firms are taking when it comes to dividends. Whether you're a seasoned financial professional or just beginning your journey in the world of finance, having a firm understanding of the issues surrounding dividends and dividend policy is now more important than ever. With this book as your guide, you'll be prepared to make the most informed dividend-related decisions possible—even in the most challenging economic conditions. The Robert W. Kolb Series in Finance is an unparalleled source of information dedicated to the most important issues in modern finance. Each book focuses on a specific topic in the field of finance and contains contributed chapters from both respected academics and experienced financial professionals.
Author :
Publisher :
ISBN 13 : 9781846632563
Total Pages : 83 pages
Book Rating : 4.6/5 (325 download)
Download or read book Payout Policy written by and published by . This book was released on 2007 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dividend policy continues to be among the premier unsolved puzzles in finance. A number of theories have been advanced to explain dividend policy. This e-book briefly reviews the principal theories of payout policy and dividend policy and summarizes the empirical evidence on these theories. Empirical evidence is equivocal and the search for new explanation for dividends continues.
Author : Luis Correia da Silva
Publisher : OUP Oxford
ISBN 13 : 0191531812
Total Pages : 204 pages
Book Rating : 4.1/5 (915 download)
Download or read book Dividend Policy and Corporate Governance written by Luis Correia da Silva and published by OUP Oxford. This book was released on 2004-02-26 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dividends are not only a signal about a firm's prospects under asymmetric information, but they can also act as a corporate governance device to align the management's interests with those of the shareholders. Dividend Policy and Corporate Governance is the first comprehensive volume on the relationship between dividend policy and corporate governance, and examines in detail empirical studies and current theories. Reviewing the interactions between dividend policy and other corporate governance mechanisms, it compares results for the UK and the US with those for other countries such as France, Germany, and Japan, and provides new empirical evidence on corporate governance in continental Europe and its impact on dividends. Focusing on one of the main representatives of this system, Germany, it highlights major differences between the dividend policies of German firms and those of UK or US firms. Conventional wisdom states that German dividends are lower than UK or US dividends, yet on a published-profits basis the exact converse is true. In addition, the authors demonstrate a link between corporate control structures and dividend payouts, report evidence that the existence of a loss is an additional determinant of dividend changes, and demonstrate that the tax status of the controlling shareholder and the firm's dividend payout are not linked. The conclusions reached in this book have important implications for the current debate on corporate governance, making it invaluable for academics, finance professionals, regulators, and legal advisors.
Author :
Publisher : Bookboon
ISBN 13 : 8740301346
Total Pages : 47 pages
Book Rating : 4.7/5 (43 download)
Download or read book Company Valuation and Share Price written by and published by Bookboon. This book was released on with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert Carlisle Higgins
Publisher :
ISBN 13 :
Total Pages : 318 pages
Book Rating : 4.F/5 ( download)
Download or read book Dividend Policy and the Valuation of Corporate Shares Under Uncertainty written by Robert Carlisle Higgins and published by . This book was released on 1969 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (68 download)
Download or read book Dividend Policy and Enterprise Valuation written by and published by . This book was released on 1965 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Z. Christopher Mercer
Publisher : John Wiley & Sons
ISBN 13 : 0470178663
Total Pages : 291 pages
Book Rating : 4.4/5 (71 download)
Download or read book Business Valuation written by Z. Christopher Mercer and published by John Wiley & Sons. This book was released on 2007-09-24 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Business Valuation: An Integrated Theory, 2nd Edition "The Second Edition of Business Valuation: An Integrated Theory manages to present the theoretical analysis of valuation from the first edition and expand on that discussion by providing additional guidance on implementing the relevant valuation theories, notably in its expanded discussion of the Quantitative Marketability Discount Model." —Dr. David Tabak, NERA Economic Consulting Your Essential Valuations Reference Whether you are an accountant, auditor, financial planner, or attorney, Business Valuation: An Integrated Theory, 2nd Edition enables you to understand and correctly apply fundamental valuation concepts. Thoroughly revised and expanded, the Second Edition demystifies modern valuation theory, bringing together various valuation concepts to reveal a comprehensive picture of business valuation. With the implementation of new accounting pronouncements mandating the recognition of numerous assets and liabilities at fair value, it has become critical for CPAs charged with auditing financial statements to understand valuation concepts. With thoughtful and balanced treatment of both theory and application, this essential guide reveals: The "GRAPES of Value"-Growth, Risk and Reward, Alternative Investments, Present Value, Expectations, and Sanity The relationship between the Gordon Model and the discounted cash flow model of valuation The basis for commonly applied, but commonly misunderstood valuation premiums and discounts A practical perspective on the analysis of potential business acquisitions Grounded in the real world of market participants, Business Valuation, 2nd Edition addresses your need to understand business valuation, providing a means of articulating valuation concepts to help you negotiate value-enhancing transactions. If you want to get back to valuation basics, this useful reference will become your guide to defining the various levels of value and developing a better understanding of business appraisal reports.
Author : M.H. & Modigliani Miller (F.)
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (263 download)
Download or read book Dividend Policy, Growth and the Valuation of Shares written by M.H. & Modigliani Miller (F.) and published by . This book was released on 1961 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher : Bookboon
ISBN 13 : 8776818306
Total Pages : 125 pages
Book Rating : 4.7/5 (768 download)
Download or read book Corporate Valuation and Takeover written by and published by Bookboon. This book was released on with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Thomas Herdieckerhoff
Publisher : GRIN Verlag
ISBN 13 : 3656928606
Total Pages : 18 pages
Book Rating : 4.6/5 (569 download)
Download or read book The Effect of a Dividend Payment on the Stock Price written by Thomas Herdieckerhoff and published by GRIN Verlag. This book was released on 2015-03-25 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2013 in the subject Business economics - Investment and Finance, grade: 100%, , language: English, abstract: This paper is an introduction to the effects that dividend payments have on the stock price and a discussion of various opinions about payment effects. One fundamental framework in this field of study has been the “dividend irrelevance theorem” by Modigliani and Miller (1961) that was published in the journal of business as a part of their analysis of “Dividend Policy, Growth, and the Valuation of Shares”. With a set of given assumptions they arrive at the conclusion that the dividend policy is irrelevant. As the second source I consult an article by the American stock exchange NASDAQ (2012) about the so-called “dividend capture strategy”, which I discuss skeptically. The third article I refer to interestingly holds the opposite of the NASDAQ article.
Author : Aswath Damodaran
Publisher : Now Publishers Inc
ISBN 13 : 1601980140
Total Pages : 102 pages
Book Rating : 4.6/5 (19 download)
Download or read book Valuation Approaches and Metrics written by Aswath Damodaran and published by Now Publishers Inc. This book was released on 2005 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Valuation lies at the heart of much of what we do in finance, whether it is the study of market efficiency and questions about corporate governance or the comparison of different investment decision rules in capital budgeting. In this paper, we consider the theory and evidence on valuation approaches. We begin by surveying the literature on discounted cash flow valuation models, ranging from the first mentions of the dividend discount model to value stocks to the use of excess return models in more recent years. In the second part of the paper, we examine relative valuation models and, in particular, the use of multiples and comparables in valuation and evaluate whether relative valuation models yield more or less precise estimates of value than discounted cash flow models. In the final part of the paper, we set the stage for further research in valuation by noting the estimation challenges we face as companies globalize and become exposed to risk in multiple countries.
Author : Quoc Trung Tran
Publisher : Emerald Group Publishing
ISBN 13 : 1837979871
Total Pages : 161 pages
Book Rating : 4.8/5 (379 download)
Download or read book Dividend Policy written by Quoc Trung Tran and published by Emerald Group Publishing. This book was released on 2024-02-19 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research explores the critical role of the business environment in shaping corporate decisions, with a specific focus on dividend policy. Written with a finance and treasury readership in mind, this work will appeal to students, educators, researchers, managers, and policymakers alike.
