Dividend and Share Changes: Is There a Financing Hierarchy?
收藏NBER1986-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2029
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The most widely accepted empirical dividend model is that proposed by Lintner, who argued that firms smooth dividends over time. Many theoretical dividend models, however, either predict that dividends should be highly variable, or at least offer no support for the smoothing hypothesis. We use a
提供机构:
美国国家经济研究局
创建时间:
1986-09-01



