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Title: Why individual and professional investors want dividends
Authors: Dong, Ming
Robinson, Chris
Veld, Chris
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Editors: Baker, H Kent
Citation: Dong M, Robinson C & Veld C (2009) Why individual and professional investors want dividends. In: Baker H Kent (ed.). Dividends and Dividend Policy. Robert W. Kolb Series in Finance, Hoboken, New Jersey: John Wiley & Sons, Inc., pp. 405-420.
Keywords: dividends
individual investors
professional investors
Issue Date: Jun-2009
Publisher: John Wiley & Sons, Inc.
Series/Report no.: Robert W. Kolb Series in Finance
Abstract: First paragraph: The finance literature abounds with theories of why investors want, do not want or should not want corporations to pay dividends. Researchers from Lintner (1956) to Brav, Graham, Harvey and Michaely (2005) ask managers why they pay dividends in an attempt to infer why investors want dividends. Other surveys asking managers about dividends include Baker, Farrelly and Edelman (1985), Baker, Powell, and Veit (2002), De Jong, van Dijk and Veld (2003), and Frankfurter, Kosedag, Chiang, Collison, Power, Schmidt, So and Topalov (2004).
Rights: The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author; you can only request a copy if you wish to use this work for your own research or private study.
Type: Part of book or chapter of book
Affiliation: York University (Canada)
York University (Canada)
University of Stirling

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