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Dividend policy: Reconciling DD with MM

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  • Handley, John C.

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  • Handley, John C., 2008. "Dividend policy: Reconciling DD with MM," Journal of Financial Economics, Elsevier, vol. 87(2), pages 528-531, February.
  • Handle: RePEc:eee:jfinec:v:87:y:2008:i:2:p:528-531
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    References listed on IDEAS

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    1. Jensen, Michael C, 1986. "Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers," American Economic Review, American Economic Association, vol. 76(2), pages 323-329, May.
    2. Rubinstein, Mark, 1976. "The Irrelevancy of Dividend Policy in an Arrow-Debreu Economy," Journal of Finance, American Finance Association, vol. 31(4), pages 1229-1230, September.
    3. Merton H. Miller & Franco Modigliani, 1961. "Dividend Policy, Growth, and the Valuation of Shares," The Journal of Business, University of Chicago Press, vol. 34, pages 411-411.
    4. Myers, Stewart C., 1977. "Determinants of corporate borrowing," Journal of Financial Economics, Elsevier, vol. 5(2), pages 147-175, November.
    5. Brennan, Michael, 1971. "A Note on Dividend Irrelevance and the Gordon Valuation Model," Journal of Finance, American Finance Association, vol. 26(5), pages 1115-1122, December.
    6. DeAngelo, Harry & DeAngelo, Linda, 2006. "The irrelevance of the MM dividend irrelevance theorem," Journal of Financial Economics, Elsevier, vol. 79(2), pages 293-315, February.
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    Cited by:

    1. Ed-Dafali, Slimane & Patel, Ritesh & Iqbal, Najaf, 2023. "A bibliometric review of dividend policy literature," Research in International Business and Finance, Elsevier, vol. 65(C).
    2. Galai, Dan & Wiener, Zvi, 2018. "Dividend policy relevance in a levered firm—The binomial case," Economics Letters, Elsevier, vol. 172(C), pages 78-80.
    3. Basse, Tobias & Klein, Tony & Vigne, Samuel A. & Wegener, Christoph, 2021. "U.S. stock prices and the dot.com-bubble: Can dividend policy rescue the efficient market hypothesis?," Journal of Corporate Finance, Elsevier, vol. 67(C).

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