Does Lintner model of dividend payout hold good? An Empirical evidence from BSE SENSEX firms.
Aivazian, V., Booth, l., Cleary, S. (2003), “Do emerging market firms follow different dividend policies from US firms?”, Journal of Financial Research, Vol. 26 No.3, pp.371-87.
B S Bodla, Karam Pal and Jasvir S Sura(2007) “Examining Application of Lintner’s Dividend Model in Indian Banking Industry”, The ICFAI Journal of Bank Management, Vol. VI, No. 4, pp. 40-59.
Baker,H.Kent,and Garry E.Powell.,(2000) ,”Determinants of corporate dividend policy: a survey of NYSE firms” , Financial Practice and education 9, pp29-40.
Basil Al-Najjar, (2009) “Dividend behaviour and smoothing new evidence from Jordanian panel data”, Studies in Economics and Finance, Vol. 26 Iss: 3, pp.182 – 197
DeAnogelo H and DeAngelo L (1990), “Dividend Policy and Financial Distress: An Empirical Investigation of Troubled NYSE Firms”, Journal of Finance, Vol. 45, pp. 1415-1431.
Eugene F. Fama and Harvey Babiak (1968), “Dividend Policy: An Empirical Analysis”, Journal of the American Statistical Association, Vol.63, No. 324, pp. 1132-1161.
Fazli Haleem, Ijaz-Ur-Rehman, Attiya Y. Javid, “The Dividend Policy in Manufacturing Sector of Pakistan: The Perception of Corporate Managers”, Journal of Economics and Behavioral Studies,Vol. 3, No. 1, pp. 63-75.
Gordon, Myron J. (1959). “Dividends, Earnings and Stock Prices”. Review of Economics and Statistics (The MIT Press) 41 (2): 99–105.
Ho, H. (2003), “Dividend policies in Australia and Japan”, International Advances in Economic Research, Vol. 9 No.2, pp.91-100.
Hyun Mo Sung, Jorge L. Urrutia (1995), “Long- term and short- term causal relations between dividends and stock prices: a test of Lintner’s dividend model and the present value model of stock prices”, The Journal of Financial Research, Vol.XVIII, No. 2, pp. 171-188.
I.M. Pandey and Ramesh Bhat, “Dividend behaviour of Indian companies under monetary policy restrictions” Managerial Finance Volume: 33 Issue: 1.
Linter, J (1956), “Distributions of incomes of corporations among dividends, retained earnings and taxes”, American economic Review, 46(1), pp. 97-113.
Miller, M.H. and Modigliani, F. (1961), ‘‘Dividend policy, growth, and the valuation of shares’’,Journal of Business, Vol. 34, pp. 411-33.
Omran, M., Pointon, J. (2004), “Dividend policy, trading characteristics and share prices: empirical evidence from Egyptian firms”, International Journal of Theoretical and Applied Finance, Vol. 7 No.2, pp.121-33.
Pruitt, S.W. and Gitman, L.W (1991), The interactions between the investment, financing, and dividend decisions of major US firms, Financial review, Vol.26 No.33, pp.409-30.
Stephen R. Foerster and Stephen G. Sapp(2006), The Changing Role of Dividends: A Firm-level Study from the Nineteenth to the Twenty-First Century”, The Canadian Journal of Economics , Vol 39, No.4, pp.1316-1344.
Prasanna Chandra (2011), Financial Management, Theory and Practice, Eigth Edition, Tata McGraw Hill Education Private Ltd. p. 547.
- There are currently no refbacks.