Dividend policy and investor pressure

The economics of dividend policy has focused on the single tight narrative that dividends keep managers honest, mitigating concerns that they over-invest. This article provides a critique of that agency narrative, arguing that pressure from short-term focused investors, executives and board members...

Full description

Saved in:
Bibliographic Details
Main Authors: Ciaran Driver, Anna Grosman, Pasquale Scaramozzino
Format: Default Article
Published: 2019
Subjects:
Economics
Applied Economics
Econometrics
Banking, Finance and Investment
corporate finance
dividend policy
investor pressure
agency theory
shorttermism
corporate governance
Online Access:https://hdl.handle.net/2134/11320202.v1
Tags: Add Tag
No Tags, Be the first to tag this record!

Internet

https://hdl.handle.net/2134/11320202.v1

Similar Items