retained earnings. This recommendation takes two parts: Proposition III, i.e., a dividend has no impact on market value, and ….The purpose of this paper is to analyze non-dividend-distributing companies for positive NPV. I picked companies from the Standard … the null hypothesis should therefore be rejected.The paper also tabulates the assumptions needed for the Dividend …

Corporate reputation has deserved attention in recent years from firms and researchers given its impact on creating a … competitive advantage and on keeping a sustained superior performance. However, the impact of corporate reputation on risk, in …, analyze the effect of corporate reputation on stock return and risk. A model based on firms' financial market data was …

dividend-paying firms, relative to firms with low R&D-intensity and zero dividends. Prior literature suggests that book value … book value is contextualised by allowing its coefficient to vary across high R&D-intensive firms, and dividend-paying, loss …

fully-franked dividend. This is a problem because a sample of security prices, unfranked dividends and franked dividends … necessarily leads to the simultaneous estimation of the value of a cash dividend and an imputation credit. We measure the value of …

, we use a dividend discount model and values from a hypothetical company. The equity value under DPT is also higher when …