Dividends are not only a signal about a firm's prospects under asymmetric information, but they can also act as a corporate governance device to align the manag

Corporate Payout Policy synthesizes the academic research on payout policy and explains "how much, when, and how". That is (i) the overall value of payouts over

Dividend policy continues to be among the premier unsolved puzzles in finance. A number of theories have been advanced to explain dividend policy. This e-book b

Written by an international team of authors, this book provides the first systematic account of the control of corporate Europe based on voting block data discl

'Investor Protection and Corporate Governance' analyzes the impact of corporate governance on firm performance and valuation. Using unique datasets gathered at