DIVIDEND YIELD AND INTEREST ON OWN CAPITAL VERSUS STOCK RETURN
The aim of this study is to investigate the relation between dividend yield and interest on own capital and stock return. Miller & Modigliani’s (M&M, 1961) Dividend Irrelevance Theory and Gordon & Lintner’s (1963) Birdin-the-Hand Theory serve as the theoretical framework, besides Brazili...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Conselho Federal de Contabilidade (CFC)
2012-06-01
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Series: | Revista de Educação e Pesquisa em Contabilidade |
Subjects: | |
Online Access: | http://www.repec.org.br/index.php/repec/article/view/223/606 |