Why Do Companies Pay Dividends?
收藏NBER1979-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0413
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资源简介：
This paper presents a simple model of market equilibrium to explain why firms that maximize the value of their shares pay dividends even though the funds could instead be retained and subsequently distributed to shareholders in a way that would allow them to be taxed more favorably as capital gains.
提供机构：
美国国家经济研究局
创建时间：
1979-12-01
