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The Unsung Upside of Share Repurchases

Stock repurchases by issuing corporations have always been controversial. But they have become even more so recently because of the perception that the excess funds used to finance buybacks have...

by

Richard A Booth

Dividends and Taxes: The Moderating Role of Agency Conflicts

The relationship between dividends and taxes continues to be an open empirical question. While some researchers find that taxes have a first-order negative effect on dividends, others find the effect...

12 December 2017

by

Øyvind Bøhren

Bogdan Stacescu

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