IMPACT OF SELECTED FACTORS ON THE DIVIDEND POLICY OF JOINT-STOCK COMPANY
IMPACT OF SELECTED FACTORS ON THE DIVIDEND POLICY OF JOINT-STOCK COMPANY
Author(s): Radim Gottwald
Subject(s): Business Economy / Management, Economic policy
Published by: Masarykova univerzita nakladatelství
Keywords: dividend policy; dividends; information asymmetry; dividend irrelevance theory; dividend payout; dividend growth;
Summary/Abstract: The paper focuses on impact of selected factors on the dividend policy of joint-stock company. Especially, there are analyzed the factors like information asymmetry, managerial signaling motives and preferences of controlling stockholders. At the beginning of the paper, different types of the dividend policies are characterized. Then individual factors, which havean influence on dividend policy, are presented, including level of the influence.
Book: European Financial Systems 2012: 21st and 22nd June 2012
- Page Range: 57-61
- Page Count: 5
- Publication Year: 2012
- Language: English
- Content File-PDF