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dc.contributor.advisorMoffit, Timothy E.
dc.contributor.authorCreager, Noah P.
dc.date.accessioned2012-06-15T19:21:57Z
dc.date.available2012-06-15T19:21:57Z
dc.date.issued2005
dc.identifier.urihttp://hdl.handle.net/10920/26592
dc.description167 p.en_US
dc.description.abstractThis article examines the effects of dividends on the welfare of firms and stakeholders beginning with the seminal work of Miller and Modigliani ( 1961) and key research since that time concerning taxation, information content, and agency costs. Through this research, it becomes evident that dividends have considerable impact on the parties involved, these parties are inclined to realize and capitalize on that influence, and this median of exchange may explain the persistence of dividends. One hundred fifty stocks are then randomly selected from the S&P500 and tested for existing relations between dividend payout ratios and financial indicators as they exist within the industries.en_US
dc.format.mimetypeapplication/pdf
dc.language.isoen_USen_US
dc.relation.ispartofKalamazoo College Economics and Business Senior Individualized Projects Collection
dc.relation.ispartofseriesSenior Individualized Projects. Economics and Business.;
dc.rightsU.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.
dc.titleCorporate Dividend Policy and Stakeholders: Evidence of Influence in the Presence of Symmetric and Asymmetric Informationen_US
dc.typeThesisen_US
KCollege.Access.ContactIf you are not a current Kalamazoo College student, faculty, or staff member, email dspace@kzoo.edu to request access to this thesis.


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  • Economics and Business Senior Integrated Projects [1198]
    This collection includes Senior Integrated Projects (SIP's) completed in the Economics and Business Department. Abstracts are generally available to the public, but PDF files are available only to current Kalamazoo College students, faculty, and staff.

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