Dividend Policy, Capital Structure, and Principal Agent Theory

Number of Pages 9

In nine pages this paper considers Miller and Modigliani theories in a discussion of capital structure, hypothesis of shareholder wealth maximization through the principal agent theory, and dividend policy theory as it relates to Modigliani and Miller's capital structure irrelevance contention. Six sources are cited in the bibliography.


File: D0_BWcpd.wps


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