Dividendová politika
| Title in English | Dividend policy |
|---|---|
| Authors | |
| Year of publication | 2009 |
| Type | Article in Proceedings |
| MU Faculty or unit | |
| Citation | |
| Keywords | Dividend, Dividend policy, Value of company, Stock, Risk, Tax, Agency costs |
| Description | This paper investigates the impact of the dividend policy on the company value. It shows what the wealth of corporate investors depends on and if the management can with its own decisions creates a surplus value. The article points out what is the relation between dividends and capital yields. The work alerts the growing uncertainty allied to the postponement of dividend payout. Subsequently, it will be exposed which factors play a crucial role by keeping the dividend level. |