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Keywords: Stock dividend
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Journal Articles
Dividend policy and the catering theory: evidence from the Taiwan Stock Exchange
Available to Purchase
Journal:
Managerial Finance
Managerial Finance (2016) 42 (10): 999–1016.
Published: 10 October 2016
... to the demand of investors. Design/methodology/approach Logistic regressions are used to test the catering theory hypothesis. Findings The results find that the firms distribute more stock dividends than other types of dividends when the dividend premium (DP) for stock dividends is positive. In contrast...
