Managerial Decision Making and Stockholder Wealth Maximization: A Limited Dependent Variables Model of the Choice Between Dividends and Stock Repurchases

This research attempts to provide an explanation for the firm's choice of using either a dividend or a stock repurchase for distributing cash to its stockholders. It also provides an examination of the impact of the firm's disbursement decision on the stock market's resulting reassess...

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Bibliographic Details
Main Author: Reynolds, Noel
Format: Others
Published: Scholar Commons 2003
Subjects:
Online Access:https://scholarcommons.usf.edu/etd/1219
https://scholarcommons.usf.edu/cgi/viewcontent.cgi?article=2218&context=etd