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9781601982049

Corporate Payout Policy

by ; ;
  • ISBN13:

    9781601982049

  • ISBN10:

    1601982046

  • Format: Paperback
  • Copyright: 2009-04-30
  • Publisher: Now Pub
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Summary

Corporate Payout Policy synthesizes the academic research on payout policy and explains ¿how much, when, and how¿. That is (i) the overall value of payouts over the life of the enterprise, (ii) the time profile of a firm¿s payouts across periods, and (iii) the form of those payouts. The authors conclude that today¿s theory does a good job of explaining the general features of corporate payout policies, but some important gaps remain. So while our emphasis is to clarify ¿what we know¿ about payout policy, the authors also identify a number of interesting unresolved questions for future research.

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