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The irrelevance of the MM dividend irrelevance theorem☆
16 references·16 citing·27 second hopsampled
The irrelevance of the MM dividend irrelevance theorem☆ (2005)The irrelevance of the MM dividend irrele…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…Dividend policy and the earned/contributed capital mix: a test of the life-cycle theory☆ (2006)Dividend policy and the earne…Payout policy in the 21st century (2005)Payout policy in the 21st cen…Agency Costs of Overvalued Equity (2005)Agency Costs of Overvalued Eq…Are Dividend Changes a Sign of Firm Maturity? (2002)Are Dividend Changes a Sign o…Disappearing dividends: changing firm characteristics or lower propensity to pay? (2001)Disappearing dividends: chang…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Corporate Financing and Inves…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…DEBT AND TAXES* (1977)DEBT AND TAXES*Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Dividend Puzzle (1976)The Dividend PuzzleCORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)CORPORATE INCOME TAXES AND TH…Dividend Policy, Growth, and the Valuation of Shares (1961)Dividend Policy, Growth, and …The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…Firm Rigidities and the Decline in Growth Opportunities (2016)Firm Rigidities and the Decli…Do corporate policies follow a life-cycle? (2016)Do corporate policies follow …Determinants of Dividend Policy: Evidence from Polish Listed Companies (2015)Determinants of Dividend Poli…Corporate dividend policy revisited (2015)Corporate dividend policy rev…Financial flexibility, corporate investment and performance: evidence from financial crises (2013)Financial flexibility, corpor…CULTURE, CORPORATE GOVERNANCE, AND DIVIDEND POLICY: INTERNATIONAL EVIDENCE (2012)CULTURE, CORPORATE GOVERNANCE…Do dividends matter more in declining markets? (2011)Do dividends matter more in d…Ownership Structure and Cash Flows As Determinants of Corporate Dividend Policy in Pakistan (2010)Ownership Structure and Cash …Earned/contributed capital, dividend policy, and disclosure quality: An international study (2010)Earned/contributed capital, d…Corporate dividends decisions: evidence from Saudi Arabia (2010)Corporate dividends decisions…Optimality results for dividend problems in insurance (2009)Optimality results for divide…Dividend policy, creditor rights, and the agency costs of debt☆ (2009)Dividend policy, creditor rig…Catering effects in corporate dividend policy: The international evidence (2009)Catering effects in corporate…Dividends and share repurchases in the European Union (2008)Dividends and share repurchas…Do firms manage earnings to meet dividend thresholds? (2007)Do firms manage earnings to m…Why Do Firms Pay Dividends? International Evidence on the Determinants of Dividend Policy (2006)Why Do Firms Pay Dividends? I…Risk, Return, and Equilibrium: Empirical Tests (1973)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks (2011)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Behavior of Stock-Market Prices (1965)Determinants of corporate borrowing (1977)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)The Determinants of Capital Structure Choice (1988)Event Studies in Economics and Finance (1997)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The theory and practice of corporate finance: evidence from the field (2001)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Law and Finance (1998)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1961Dividend Policy, Growth, and the Valuation of Shares6,554 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 1963CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION5,951 cited
  • 2001Disappearing dividends: changing firm characteristics or lower propensity to pay?3,039 cited
  • 1977DEBT AND TAXES*2,896 cited
  • 2005Payout policy in the 21st century2,268 cited
  • 2006Dividend policy and the earned/contributed capital mix: a test of the life-cycle theory☆1,805 cited
  • 1976The Dividend Puzzle1,235 cited
  • 2002Are Dividend Changes a Sign of Firm Maturity?

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1,052 cited
  • 2005Agency Costs of Overvalued Equity1,003 cited
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    • 2013Financial flexibility, corporate investment and performance: evidence from financial crises251 cited
    • 2007Do firms manage earnings to meet dividend thresholds?230 cited
    • 2016Do corporate policies follow a life-cycle?226 cited
    • 2012CULTURE, CORPORATE GOVERNANCE, AND DIVIDEND POLICY: INTERNATIONAL EVIDENCE179 cited
    • 2009Optimality results for dividend problems in insurance158 cited
    • 2015Determinants of Dividend Policy: Evidence from Polish Listed Companies153 cited
    • 2016Firm Rigidities and the Decline in Growth Opportunities151 cited
    • 2006Why Do Firms Pay Dividends? International Evidence on the Determinants of Dividend Policy149 cited
    • 2015Corporate dividend policy revisited148 cited
    • 2009Catering effects in corporate dividend policy: The international evidence139 cited
    • 2010Ownership Structure and Cash Flows As Determinants of Corporate Dividend Policy in Pakistan116 cited
    • 2011Do dividends matter more in declining markets?114 cited
    • 2010Earned/contributed capital, dividend policy, and disclosure quality: An international study112 cited
    • 2010Corporate dividends decisions: evidence from Saudi Arabia111 cited