A Mechanism And Determinants
This study explains the dividend puzzle using the agency-cost framework suggested by Easterbrook (1984). Easierbrook hypothesized that shareholders in .firms, who increase cash dividend payout and 'simultaneously' raise debts to finance their investments are likely to be wealthier them tho...
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| Format: | Article NonPeerReviewed |
| Published: |
[Yogyakarta] : Universitas Gadjah Mada
2003
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| Online Access: | https://repository.ugm.ac.id/25526/ http://i-lib.ugm.ac.id/jurnal/download.php?dataId=8522 |
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| Institution: | Universitas Gadjah Mada |