Baker Dividends and Dividend Policy

1. Auflage 2009
ISBN: 978-0-470-47120-3
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 560 Seiten, E-Book

Reihe: Robert W. Kolb Series

Dividends And Dividend Policy
As part of the Robert W. Kolb Series in Finance, Dividends andDividend Policy aims to be the essential guide to dividends andtheir impact on shareholder value. Issues concerning dividends anddividend policy have always posed challenges to both academics andprofessionals. While all the pieces to the dividend puzzle may notbe in place yet, the information found here can help you gain afirm understanding of this dynamic discipline.
Comprising twenty-eight chapters--contributed by both topacademics and financial experts in the field--thiswell-rounded resource discusses everything from corporate dividenddecisions 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, anddiscover the different approaches firms are taking when it comes todividends.
Whether you're a seasoned financial professional or justbeginning your journey in the world of finance, having a firmunderstanding of the issues surrounding dividends and dividendpolicy is now more important than ever. With this book as yourguide, you'll be prepared to make the most informeddividend-related decisions possible--even in the mostchallenging economic conditions.
The Robert W. Kolb Series in Finance is an unparalleled sourceof information dedicated to the most important issues in modernfinance. Each book focuses on a specific topic in the field offinance and contains contributed chapters from both respectedacademics and experienced financial professionals.

Autoren/Hrsg.

Baker, H. Kent

Inhaltsverzeichnis

Part I: Dividends and Dividend Policy: History, Trends, and Determinants
Chapter 1: Dividends and Dividend Policy: An Overview (H. Kent Baker).
Chapter 2: The Historical Evolution of Dividends (Erik Benrud).
Chapter 3: Trends in Dividends: Payers and Payouts (Christian Andres, André Betzer, Luis Correia da Silva, Marc Goergen).
Chapter 4: Factors Influencing Dividends (David J. Denis, Gohar G. Stepanyan).
Chapter 5: Cross-Country Determinants of Payout Policy: European Firms (Franck Bancel, Nalinaksha Bhattacharyya, Usha Mittoo).
Part II: Cash Dividends: Theoretical and Emperical Evidence
Chapter 6: Dividend Irrelevance Theory (James S. Ang, Stephen J. Ciccone).
Chapter 7: Residual Dividend Policy (David M. Smith).
Chapter 8: Taxes and Clientele Effects (Samir Saadi, Shantanu Dutta).
Chapter 9: Agency Costs and the Free Cash Flow Hypothesis (Tarun K. Mukherjee).
Chapter 10: Asymmetric Information and Signaling Theory (Greg Filbeck).
Chapter 11: Behavioral Explanations of Dividends (Hersh Shefrin).
Chapter 12: The Firm Life Cycle Theory of Dividends (Laarni T. Bulan, Narayanan Subramanian).
Chapter 13: The Catering Theory of Dividends (Margot de Rooij, Luc Renneboog).
Part III: Share Repurchases.
Chapter 14: Stock Repurchases: Theory and Evidence - Part 1 (Jim Hsieh, Qinghai Wang).
Chapter 15: Stock Repurchases: Theory and Evidence - Part 2 (Jim Hsieh, Qinghai Wang).
Chapter 16: Stock Repurchases and Dividends: Tradeoffs and Trends (Bradford Cornell).
Chapter 17: Beating the Market with Share Buybacks (Theo Vermaelen).
Part IV: Other Distribution Methods.
Chapter 18: Special Dividends (Michael Gombola, Feng-Ying Liu).
Chapter 19: Stock Splits, Stock Dividends and Reverse Stock Splits (David Michayluk).
Chapter 20: Dividend Reinvestment Plans (Wei He).
Part V: Survey Evidence on Dividends and Dividend Policy.
Chapter 21: Cash Dividends and Stock Repurchases (Gary E. Powell).
Chapter 22: Stock Splits, Stock Dividends, and Dividend Reinvestment Plans (Halil Kiymaz).
Chapter 23: Why Individual and Professional Investors Want Dividends (Ming Dong, Chris Robinson, Chris Veld).
Part VI: Other Dividend and Dividend Policy Issues.
Chapter 24: Why Firms Begin Paying Dividends: Value, Growth and Life Cycle Effects (Neil L. Fargher, Robert A. Weigand).
Chapter 25: Dividend Policy and Corporate Governance (Shantanu Dutta, Samir Saadi).
Chapter 26: Dividend Policy in Regulated Industries (Ross Dickens).
Chapter 27: Dividend Policy in a Global Perspective (Marc Goergen, Luc Renneboog).
Chapter 28: Dividend Policy in Emerging Markets (P. C. Kumar, Michel A. Robe).
Conclusions.

Über Autor(innen)

H. Kent Baker, PhD, CFA, CMA, is University Professor ofFinance at the Kogod School of Business at American University,Washington, D.C. Before joining the faculty at American Universityin 1975, he held both faculty and administrative positions atGeorgetown University and the University of Maryland. Baker haspublished extensively in leading academic and professional financejournals. He has consulting and training experience with more than100 organizations, and has been listed in fifteen biographies,including Who's Who in Finance and Industry, Who's Who in theEast, and Outstanding Educators of America.
Robert W. Kolb is the Frank W. Considine Chair of AppliedEthics and Professor of Finance at Loyola University, Chicago.Before this, he was the Assistant Dean, Business and Society, andDirector, Center for Business and Society, at the University ofColorado at Boulder, and department chairman at the University ofMiami. Kolb is also the author of over twenty books on finance,derivatives, and futures, and has authored numerous articles inleading finance journals.