For helpful comments on prior drafts of this paper, we thank Max Schanzenbach, Robert Sitkoff, Mike Ryngaert, Chuck Trzcinka, and two anonymous referees. The usual disclaimer applies.This paper was written while Nimalendran was on leave to the Securities and Exchange Commission (SEC). As a matter of policy, the SEC disclaims any responsibility for any private publication or statement of any SEC employee or commissioner. This article expresses the author's views and does not necessarily reflect those of the Commission, the Commissioners, or other members of the staff.
The Effect of Fiduciary Standards on Institutions' Preference for Dividend-Paying Stocks
Version of Record online: 3 DEC 2008
© 2008 Financial Management Association International.
Volume 37, Issue 4, pages 647–671, Winter 2008
How to Cite
Hankins, K. W., Flannery, M. J. and Nimalendran, M. (2008), The Effect of Fiduciary Standards on Institutions' Preference for Dividend-Paying Stocks. Financial Management, 37: 647–671. doi: 10.1111/j.1755-053X.2008.00029.x
- Issue online: 3 DEC 2008
- Version of Record online: 3 DEC 2008
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