- Author
- Uchman Jacek
- Title
- Teoria agencji a polityka dywidend
Agency Theory and Dividend Policy - Source
- Prace Naukowe Akademii Ekonomicznej we Wrocławiu. Finanse i Bankowość (7), 2000, nr 849, s. 106-112, bibliogr. 5 poz.
- Keyword
- Finanse przedsiębiorstwa, Dywidenda, Teoria agencji, Polityka dywidend
Enterprise finance, Dividend, Agency theory, Dividend policy - Note
- summ.
- Abstract
- Polityka dywidend w kontekście teorii agencji powoduje sprzeczność interesów między kadrą menedżerską a akcjonariuszami. Zagadnieniu temu poświęcony jest artykuł.
The article deals with agency theory in the context of dividend policy. It shows that conflicts of interests between managers and stockholders and between stockholders and bondholders can be partly reduced by legal regulations. They can be used to control conflicts between these groups of people. (original abstract) - Accessibility
- The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics - Bibliography
-
- Jensen M.С.: Agency Cost of Free Cash Flow, Corporate Finance and Takeovers. "American Economic Review Papers and Proceedings" 1986, 76.
- Jensen M.C., Meckling W.H.: Theory of the Firm: Managerial Behaviour, Agency Costs and Ownership Structure. "Journal of Financial Economics" 1976, 4.
- Jensen M.C., Smith C.W. Jr.: Stockholder, Manager, and Creditor Interests: Applications of Agency Theory. W: Recent Advances in Corporate Finance (ed.) E.I. Altman, M.G. Subrahmanyam. Homewood 1985.
- Kalay A.: Stockholder - Bondholder Conflict and Dividend Constraints. "Journal of Financial Economics" 1982, 10.
- La Porta R., Lopez-de-Silanes F., Shleifer A., Vishny R.W.: Agency Problems and Dividend Policies Around the World. "NBER Working Paper" nr 6594, June 1998.
- Cited by
- ISSN
- 0324-8445
1426-1278 - Language
- pol
