Miért (nem) fizetnek osztalékot a vállalatok? osztalékpolitikai és részvény-visszavásárlási elméletek /
The way companies return cash to their shareholders has changed considerably in recent decades. After changes in the legislation, share repurchases or buybacks have gained prominence, while dividends have somewhat lost their role as the main payout method. I intend to explore the reasons of this shi...
Elmentve itt :
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| Dokumentumtípus: | Könyv része |
| Megjelent: |
2019
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| Sorozat: | Móra Akadémia
7 Móra Akadémia : szakkollégiumi tanulmánykötet 7. 7 |
| Kulcsszavak: | Vezetés - vállalati, Vállalati politika |
| Online Access: | http://acta.bibl.u-szeged.hu/62348 |
| Tartalmi kivonat: | The way companies return cash to their shareholders has changed considerably in recent decades. After changes in the legislation, share repurchases or buybacks have gained prominence, while dividends have somewhat lost their role as the main payout method. I intend to explore the reasons of this shift in payout policy. In this paper, I focus on the theoretical background of payout policy. Besides surveying the main theories related to dividends and share repurchases, I introduce the different ways companies can buy their shares back. Data indicating the emergence of share repurchases are also presented, while empirical studies testing the theories are discussed as well. The aim of this paper is to find out why share repurchases have become popular, and to reveal unanswered questions of the topic, which point to future research possibilities. |
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| Terjedelem/Fizikai jellemzők: | 88-104 |
| ISSN: | 2064-809X |