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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Format: | Others |
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Scholar Commons
2003
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Online Access: | https://scholarcommons.usf.edu/etd/1219 https://scholarcommons.usf.edu/cgi/viewcontent.cgi?article=2218&context=etd |