Abstract
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The number of listed companies offering alternatives to cash dividends is increasing in Europe. Companies can reduce the cash outflows by giving shareholders the option to receive either shares or cash. Some investors favor scrip dividends due to the implicit free call option attached to the scrip distributions and recent studies confirm that the market does not react negatively, helping to reduce the agency problem. | |
International
|
Si |
Congress
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12th International Conference on Industrial Engineering and Operations Management |
|
960 |
Place
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Girona, (España) |
Reviewers
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Si |
ISBN/ISSN
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978-84-9190-395-6 |
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Start Date
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12/07/2018 |
End Date
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13/07/2018 |
From page
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1 |
To page
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8 |
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Industrial Management |