haku: @author Lambert, R. A. / yhteensä: 11
viite: 7 / 11
Tekijä: | Lambert, R. A. Lanen W. N. Larcker, D. F. |
Otsikko: | Executive stock option plans and corporate dividend policy |
Lehti: | Journal of Financial and Quantitative Analysis
1989 : DEC, VOL. 24:4, p. 409-425 |
Asiasana: | INCENTIVES STOCK OPTIONS EXECUTIVES |
Kieli: | eng |
Tiivistelmä: | An examination of the association between the adoption of stock options for senior executives and subsequent changes in corporate dividend policy, and hypothesis that this creates an incentive for executives to reduce corporate dividends. Various corporate dividend policies. Research hypothesis. Relationship between stock options and dividend payments. Sample of firms used in the empirical analysis. Empirical procedures. The results and relative shifts in central tendency of corporate dividend policy. Cross-sectional analysis of shifts in coporate dividend policy. Five Tables illustrate the study. |
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