Chapter

Introduction

Luis Correia Da Silva, Marc Goergen and Luc Renneboog

in Dividend Policy and Corporate Governance

Published in print February 2004 | ISBN: 9780199259304
Published online April 2004 | e-ISBN: 9780191600852 | DOI: http://dx.doi.org/10.1093/0199259305.003.0001
 Introduction

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Anecdotal evidence states that German dividend policy is much more flexible than the UK or US dividend policy. Given the different corporate governance environment, dividends may play less of a signalling and monitoring role in Germany than in the US or UK.

Keywords: corporate control; corporate governance; corporate ownership; Germany; UK; US

Chapter.  1889 words. 

Subjects: Financial Markets

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