11. Behavioral Explanations of Dividends

  1. H. Kent Baker
  1. Hersh Shefrin

Published Online: 29 NOV 2011

DOI: 10.1002/9781118258408.ch11

Dividends and Dividend Policy

Dividends and Dividend Policy

How to Cite

Baker, H. K. (2009) Behavioral Explanations of Dividends, in Dividends and Dividend Policy, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118258408.ch11

Author Information

  1. Mario L. Belotti Professor of Finance, Santa Clara University

Publication History

  1. Published Online: 29 NOV 2011
  2. Published Print: 20 APR 2009

ISBN Information

Print ISBN: 9780470455807

Online ISBN: 9781118258408

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Keywords:

  • cash flow framing effect;
  • transaction cost;
  • asymmetric information;
  • cash dividend;
  • formal behavioral model

Summary

This chapter contains sections titled:

  • Introduction

  • Theoretical Framework

  • Empirical Evidence

  • Conclusions

  • About the Author