| Titre | La politique de distribution de dividendes (1982-1986) | |
|---|---|---|
| Auteur | Philippe Redondo, Thierry Pujol, Philippe Girard, Michel Bua | |
 |
Revue | Economie et prévision |
| Numéro | no 88-89, 1989/2-3 Etudes du comportement des entreprises | |
| Rubrique / Thématique | Études du comportement des entreprises |
|
| Page | 57-72 | |
| Résumé anglais |
Dividend Distribution Policies Over the Period 1982-1986,
by Michel Bua, Philippe Girard, Thierry Pujol and Philippe Redondo.
Although dividend distribution policy appears stable from a macroeconomic viewpoint, it differs considerably between companies. An analysis of Balance-Sheet data highlights two aspects of firms' decisions in this matter: the choice between distributing or retaining profits is principally related to the company's size and profitability; as for the percentage distributed, it depends on the level of profits and, to a lesser extent, on the company's level of indebtedness and the risk involved in the company's nature of activities. In all cases, we can observe a noticeable tendency to inertia in distribution behaviour, which has often been commented in the literature. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1989_num_88_2_6072 |
