Agency Problems and Dividend Policies around the World

Theory of the firm: Managerial behavior, agency costs and ownership structure

1976 • 62,465 citations

Law and Finance

1998 • 17,512 citations

A Survey of Corporate Governance

1997 • 15,789 citations

The Cost of Capital, Corporation Finance and the Theory of Investment

1958 • 15,488 citations

Legal Determinants of External Finance

1997 • 9,511 citations

The Modern Corporation and Private Property

1933 • 7,939 citations

Dividend Policy, Growth, and the Valuation of Shares

1961 • 6,581 citations

What Do We Know about Capital Structure? Some Evidence from International Data

1995 • 6,521 citations

DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES

1956 • 3,496 citations

Stock Markets, Banks, and Economic Growth

1998 • 3,397 citations

Dividend Policy under Asymmetric Information

1985 • 3,145 citations

Two Agency-Cost Explanations of Dividends

1984 • 3,128 citations

The Dividend Puzzle

1976 • 1,273 citations

Do Changes in Dividends Signal the Future or the Past?

1997 • 1,003 citations

The Impact of Initiating Dividend Payments on Shareholders' Wealth

1983 • 835 citations

Dividends and taxes

1978 • 760 citations

Reversal of fortune dividend signaling and the disappearance of sustained earnings growth

1996 • 637 citations

Dynamic Capital Structure under Managerial Entrenchment

1996 • 578 citations

Wealth Maximization and the Cost of Capital

1979 • 448 citations

Efficient Signalling with Dividends and Investments

1987 • 326 citations

New Evidence That Taxes Affect the Valuation of Dividends

1984 • 299 citations

The Economic Effects of Dividend Taxation

1984 • 234 citations

Tax Policy and Corporate Saving

1987 • 205 citations

Does the investment interest limitation explain the existence of dividends?

1981 • 50 citations

Going Public with Asymmetric Information, Agency Costs and Dynamic Trading

1997 • 27 citations

Deleted Work

1955 • 0 citations