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What is Capital Structure & Dividend Policy Insights about?

This document discusses capital structure and dividend policy, and proposes a new integrated theory that treats these financial policies as two sides of the same coin. It suggests that capital structure and dividend policy are jointly determined as part of allocating control between managers and investors. A key factor is past corporate performance - better performance leads to less disagreement and affects how control is allocated. The objective is to analyze how capital structure and dividend policy influ

Author

Đàm Quang Thanh Tú

Language

EN