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| Author: | Frankfurter, G. (et al.) |
| Title: | The perception of dividends by management |
| Journal: | Journal of Psychology and Financial Markets
2002 : VOL. 3:4, p. 202-217 |
| Index terms: | Dividends Finance Managers |
| Language: | eng |
| Abstract: | This paper takes an approach that has been largely ignored so far by dividend research. Instead of analyzing large volumes of market data based on yet another "rational" model, the authors study the perceptions of dividends by top corporate decision-makers. The respondents' answers to a survey instrument are then analyzed and compared with accounting, economic, and market data. The results are surprising in terms of both similarity and dissimilarity of perception. |
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