SELECT FURTHER READINGS

 

Asquith, P. and D.W. Mullins, Jr. (1983). “The Impact of Initiating Dividend Payments on Shareholders’ Wealth”. Journal of Business, 56 (Jan.): 77–96.

Baker, H.K., et al. (1995). “The Stock Distribution Puzzle: A Synthesis of the Literature on Stock Splits and Stock Dividends”, Financial Practice and Education, 5 (Spring/ Summer): 24–37.

——— (1985). “A Survey of Management Views on Dividend Policy”, Financial Management, 14 (3): 78–84.

Ofer, A.R. and A.V. Thakor (1987). “A Theory of Stock Price Responses to Alternative

Corporate Cash Disbursement Methods: Stock Repurchases and Dividends”, Journal of Finance, 42 (2): 365–94.

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