Abstract

Get full access to this article
View all access options for this article.
References
1.
Miller
M.H.
Modigliani
F.
, “Dividend Policy, Growth, and the Valuation of Shares,” Jour. Business (Oct. 1961 ), 34 : 411 –433 .
2.
Gordon
M.J.
, “The Optimum Dividend Rate,” Management Sciences: Models and Techniques. London , 1960 , 92 –106 .
3.
Walter
J.E.
, “Dividend Policy: Its Influence on the Value of the Enterprise,” Jour. Finance (May 1963 ), 18 : 280 –289 .
4.
Michaelson
J.B.
, The Determinants of Dividend Policy: A Theoretical and Empirical Study. Unpublished doctoral dissertation, Univ. Chicago , 1961 .
5.
Weston
J.F.
Brigham
E.F.
, Managerial Finance , 3rd ed. , (New York , 1969 ), pp. 372 –397 .
6.
Lintner
J.
, “Distribution of Incomes of Corporations Among Dividends, Retained Earnings, and Taxes,” Am. Econ. Rev. (May 1956 ), 46 : 97 –113 .
7.
Gordon
M.J.
, “Dividends, Earnings, and Stock Prices,” Rev. Econ. Stat. (May 1959 ), 41 : 99 –105 .
8.
Beranek
W.
, Analysis of Financial Decisions. Homewood, Ill. , 1963 .
9.
Friend
I.
Puckett
M.
, “Dividends and Stock Prices,” Rev. Econ. Stat. (Sept. 1964 ), 54 : 256 –281 .
10.
Brittain
J.A.
, Corporate Dividend Policy (Washington, D.C. , 1966 ), pp. 37 –73 .
11.
Darling
P.G.
, “The Influence of Expectations and Liquidity on Dividend Policy,” Jour. Pol. Econ. (June 1957 ), 65 : 209 –224 .
12.
Fama
E.F.
Balicak
H.
, “Dividend Policy: An Empirical Analysis,” Jour. Am. Stat. Assoc. (Dec. 1968 ), 63 : 1132 –1161 .
13.
Lintner
J.
, “Optimal Dividends and Corporate Growth Under Uncertainty,” Quart. Jour. Econ. (Feb. 1964 ), 78 : 49 –95 .
