THE THEORY OF DIVIDENDS AND ITS EVOLUTION
Keywords:
dividend, dividend payments, dividend policy, theory of dividends, Modigliani-Miller theory, tax preference theory, signalling theory, Lintner's model, agency theory.Abstract
The article reviews the main theories of dividend policy and their applicability in practice. In particular, classical theories such as Modigliani-Miller theory, tax preference theory, signalling theory, Lintner's model and agency theory are considered. Based on the analysis, conclusions and suggestions are drawn.