What is the catering theory of dividends and how would it influence a manager looking to improve

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What is the catering theory of dividends and how would it influence a manager looking to improve the value of her firm through dividend policy? What does the empirical evidence say about the catering theory?

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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