Keywords: Shareholders
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Journal Articles
Studies in Economics and Finance (2006) 23 (1): 27–50.
Published: 01 April 2006
...Steven B. Caudill; Carl D. Hudson; Beverly B. Marshall; Anastasia Roumantzi Purpose This paper aims to extend the work by Vafeas and Lie and Lie by developing an empirical model of choice among four alternative mechanisms for distributing cash from corporations to shareholders: a fixed‐price self...

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