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Distribution of incomes of corporations among dividends, retained earnings and taxes

J Lintner
- Vol. 46, Iss: 2, pp 97-113
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TLDR
Lintner as discussed by the authors discusses the distribution of income of corporations among dividends, retained earnings, and taxes in the context of the Sixtyeighth Annual Meeting of the American Economic Association.
Abstract
Distribution of Incomes of Corporations Among Dividens, Retained Earnings, and Taxes Author(s): John Lintner Source: The American Economic Review, Vol. 46, No. 2, Papers and Proceedings of the Sixtyeighth Annual Meeting of the American Economic Association, (May, 1956), pp. 97-113 Published by: American Economic Association Stable URL: http://www.jstor.org/stable/1910664 Accessed: 26/06/2008 14:06

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The link between dividend policy and institutional ownership

TL;DR: In this article, the role of institutional ownership in association to dividend payout ratios is analysed within the context of the dividend models of Lintner [American Economic Review, 46 (1956) 97], Waud [Journal of the American Statistical Association, 1996] and Fama and Babiak [Journal OFA, 63 (1968) 1132].
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Corporate Payout Policy

TL;DR: In this paper, the authors present a synthesis of academic research on corporate payout policy grounded in the pioneering contributions of Lintner (1956) and Miller and Modigliani (1961), concluding that a simple asymmetric information framework that emphasizes the need to distribute FCF and that embeds agency costs does a good job of explaining the main features of observed payout policies.
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