ASYMMETRIC INFORMATION, INVESTMENT OPPORTUNITY, PROFITABILITY, DIVIDEND DAN KEBIJAKAN LEVERAGE PERUSAHAAN MAKANAN MINUMAN
نویسندگان
چکیده
منابع مشابه
Large dividend increases and leverage
We study the leverage of firms making large dividend increases. Over the five years following the dividend increase they raise leverage enough to finance the entire dividend increase for that period with debt. This is not explained by trade-off variables or the pecking order. The effect is greatest for big firms with low-powered incentives, suggesting an agency effect whereby they make large di...
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ژورنال
عنوان ژورنال: Manajemen Bisnis
سال: 2013
ISSN: 2655-2523,2089-0176
DOI: 10.22219/jmb.v1i2.1328