Trade-Off between Agency Problem and Growth Opportunity on Dividend Payout Policy under Product Market Competition
碩士 === 國立交通大學 === 財務金融研究所 === 99 === This paper investigates whether or not product market competition affects payout policy. According to literature, issues related to dividend payout policy comprise two competing hypotheses, namely, the maturity hypothesis and the free cash flow hypothesis. The fo...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2011
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| Online Access: | http://ndltd.ncl.edu.tw/handle/60007848912037589006 |