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Dividend policy and behavior in emerging markets : to pay or not to pay (英语)

From the investor's point of view, returns on their investment are split into two parts: capital gains and dividends. In part, corporate management determines the nature of that split when it decides on a corporate dividend policy. In developed countries, the decision between paying dividends and retaining earnings has been taken very seriously by both investors and managements, and has been the subject of considerable research by economists. As a...
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