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Dividend Policies of Non-life Insurance Companies
Cheng F. Lee
Stephen W. Forbes
其他書名
A Theoretical and Empirical Analysis
出版
College of Commerce and Business Administration, University of Illinois at Urbana-Champaign
, 1978
URL
http://books.google.com.hk/books?id=eNY2kW_vgToC&hl=&source=gbs_api
註釋
Dividend policies of non-life insurance companies are theoretically and empirically investigated. Data for 61 companies during 1955-75 are used to determine the dividend payment behavior for non-life insurance companies. In addition, the impact of dividend policy on the value of a firm is empirically tested; the cost of capital for the non-life insurance industry is also estimated in accordance with three alternative methods.