Theoretical review: the dividend policy / Wan Mardyatul Miza Wan Tahir and Ja’izah Abdul Jabar

• المؤلفون الرئيسيون: Wan Tahir, Wan Mardyatul Miza, Abdul Jabar, Ja’izah
• التنسيق: مقال
• اللغة: English
• منشور في: Universiti Teknologi MARA, Negeri Sembilan 2023
• الموضوعات: Collections of general literature
• الوصول للمادة أونلاين: https://ir.uitm.edu.my/id/eprint/89181/1/89181.pdf; https://ir.uitm.edu.my/id/eprint/89181/

The theoretical review explains the underlying rationale of dividend policy. The dividend policy theory is well-known by the work of Miller and Modigliani (1961) on irrelevance theory. They demonstrated that dividend policy was irrelevant to the market value of a company under restricted assumptions...