Title: The Empirical Analysis of Dividend Distribution of Listed Companies Based Agency Theory
Abstract: The agency theory is the theoretical basis of this paper, which attempts to explain our dividend policy of listed companies, combining with transaction costs. Dividends lead to an increase in external financing, then add agency costs . This paper focuses on demonstrating the close relationship between agency problem and dividend policy of listed companies in Chinese according to theoretical and empirical description on data.
Publication Year: 2009
Publication Date: 2009-09-01
Language: en
Type: article
Indexed In: ['crossref']
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