Allen, D.E.; Izan, H.Y. - In: Managerial Finance 18 (1992) 1, pp. 1-8
The determinants of dividend policy are a continuing puzzle, as noted by Black (1976). In this paper we review the major issues in dividend policy and relate them to some of the themes explored in companion papers in this volume. The paper is divided into five sections. Section 2 surveys the...