Title : Impact of dividend policy on shareholders' value: a study of Indian firms

Type of Material: Thesis
Title: Impact of dividend policy on shareholders' value: a study of Indian firms
Researcher: Kapoor, Sujata
Guide: Anil, Kanwal
Abidi, Naseem
Department: Jaypee Business School
Publisher: Jaypee University of Information Technology, Solan
Place: Waknaghat, PO. Teh. Kandaghat
Year: January 2010
Language: English
Subject: Dividend policy
Business management
Economics
Capitalization
Market efficiency
Shareholders
Dissertation/Thesis Note: PhD
Fulltext: Shodhganga

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035__|a(IN-AhILN)th_461119
040__|dIN-AhILN|aJUIT_173215
041__|aeng
100__|eResearcher|aKapoor, Sujata
110__|aJaypee Business School|0U-0186|dWaknaghat, PO. Teh. Kandaghat|bJaypee University of Information Technology, Solan|ein
245__|aImpact of dividend policy on shareholders' value: a study of Indian firms
260__|aWaknaghat, PO. Teh. Kandaghat|cJanuary 2010|bJaypee University of Information Technology, Solan
300__|axi, 308p.|dNone
500__|aReferences p. 291-303, Annexure p. 305-308
502__|bPhD
518__|d2010-01-01|oDate of Award
518__|oDate of Completion|d2010-01-01
520__|aDividend policy has been an issue of interest in financial literature since Joint Stock Companies came into existence. Dividends are commonly defined as the distribution of earnings (past or present) in real assets among the shareholders of the firm in proportion to their ownership. Dividend policy connotes to the payout policy, which managers pursue in deciding the size and pattern of cash distribution to shareholders over time. Managements’ primary goal is shareholders’ wealth maximization, which translates into maximizing the value of the company as measured by the price of the company’s common stock. This goal can be achieved by giving the shareholders a “fair” payment on their investments. However, the impact of firm’s dividend policy on shareholders wealth is still a debatable issue. Dividend policy is one of the most complex aspects in finance. Three decades ago, Black (1976) in his study on dividend wrote, “The harder we look at the dividend picture the more it seems like a puzzle, wit
653__|aDividend policy
653__|aBusiness management
653__|aEconomics
653__|aCapitalization
653__|aMarket efficiency
653__|aShareholders
700__|aAnil, Kanwal|eGuide
700__|aAbidi, Naseem|eGuide
856__|uhttp://shodhganga.inflibnet.ac.in/handle/10603/2432|yShodhganga
905__|afromsg

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