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catering theory of dividends
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迎合理论
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catering theory of dividends
迎合理论
放松MM理论中有效市场假设而得出的理论。2003年由M.贝克(Malcolm P.Baker)和J.伍格勒(Jeffery Wurgler)提出。从行为金融出发,该理论认为公司支付股利的原因在于经理必须理性地满足股东不断变化的股利需求。
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