About this document
Understanding the Dividend Puzzle by Irawati Santoso is a document available to read on EtoBox.
The paper reviews the ongoing debate surrounding dividend policy, highlighting the lack of consensus on the motivations for paying dividends despite extensive theoretical and empirical research. It discusses various theories, including dividend irrelevance, signaling theory, agency cost theory, and tax preference theory, while noting that no single theory fully explains the
- Author
- Irawati Santoso
- Language
- EN