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(VF)L’objectif de cette étude est d’analyser la relation entre les politiques de distribution des entreprises familiales cotées et deux grands types de conflits d’agence dans les entreprises familiales, entre actionnaires et dirigeant (type I), et entre actionnaires majoritaires et...
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Dividend policy determines the ratio between the earnings distributed to shareholders and the earnings retained in the … puzzles in corporate finances. This paper starts by determining the term of dividend and stating the types of dividends. This … is followed by a discussion on dividend policy and optimal dividend policy and an analysis of factors that managers …
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