Dividend Policy and Corporate Governance Book PDF, ePub eBook

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓


Book Descriptions:
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.

Dividend Policy and Corporate Governance by Luis Correia da Silva, Marc Goergen, Luc Renneboog

From reader reviews:

Amanda Moberly:

Here thing why this particular Dividend Policy and Corporate Governance are different and reliable to be yours. First of all reading a book is good but it depends in the content of computer which is the content is as tasty as food or not. Dividend Policy and Corporate Governance giving you information deeper including different ways, you can find any book out there but there is no reserve that similar with Dividend Policy and Corporate Governance. It gives you thrill studying journey, its open up your personal eyes about the thing that will happened in the world which is maybe can be happened around you. It is easy to bring everywhere like in area, café, or even in your method home by train. If you are having difficulties in bringing the printed book maybe the form of Dividend Policy and Corporate Governance in e-book can be your substitute.

Keith Karam:

Often the book Dividend Policy and Corporate Governance will bring that you the new experience of reading a book. The author style to spell out the idea is very unique. In case you try to find new book to see, this book very suitable to you. The book Dividend Policy and Corporate Governance is much recommended to you you just read. You can also get the e-book from official web site, so you can quicker to read the book.

Miguel Lynch:

Your reading 6th sense will not betray a person, why because this Dividend Policy and Corporate Governance e-book written by well-known writer who really knows well how to make book which can be understand by anyone who else read the book. Written in good manner for you, dripping every ideas and composing skill only for eliminate your own hunger then you still doubt Dividend Policy and Corporate Governance as good book not merely by the cover but also from the content. This is one reserve that can break don't judge book by its handle, so do you still needing another sixth sense to pick this specific!? Oh come on your reading through sixth sense already told you so why you have to listening to one more sixth sense.

Katie Broadnax:

What is your hobby? Have you heard that will question when you got learners? We believe that that query was given by teacher to the students. Many kinds of hobby, Every person has different hobby. Therefore you know that little person including reading or as reading through become their hobby. You need to understand that reading is very important and book as to be the matter. Book is important thing to incorporate you knowledge, except your teacher or lecturer. You discover good news or update about something by book. A substantial number of sorts of books that can you decide to try be your object. One of them is actually Dividend Policy and Corporate Governance.