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Wilfrid Laurier University Leaf
August 20, 2014
 
 
Canadian Excellence

Tao Zeng




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email: Tao Zeng
phone: 519.884.0710
ext: 2562

 

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Tao Zeng

What determines dividend policy: A comprehensive test (ABSTRACT)


Zeng, T.

published: 2003 | Research publication | Refereed Journals - Accounting

Zeng, T. (2003). "What determines dividend policy: A comprehensive test". The Journal of American Academy of Business,  2 (2), 3045-309.


ABSTRACT:  This paper designs an empirical work to investigate the determinants of corporate dividend policy under the Canadian situation. It shows   that firms pay dividend as a signal and to reduce agency costs. It also shows that liquidity and tax clientele effect are related to dividend policy.

Download the article at: http://proquest.umi.com/pqdweb?did=288011861&sid=1&Fmt=4&clientId=27850&RQT=309&VName=PQD

revised Jan 17/05

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