Executive compensation and dividend policy

Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers

Michael C. Jensen · American Economic Review · 1986 · 17.6K citations

Dividend Policy, Growth, and the Valuation of Shares

Merton H. Miller, Franco Modigliani · The Journal of Business · 1961 · 6.6K citations

Empirical Finance, Payout Policy, Economics +14

Outside directors and CEO turnover

Michael S. Weisbach · Journal of Financial Economics · 1988 · 4.4K citations

Ownership Structure, Firm Performance, Management +4

The investment opportunity set and corporate financing, dividend, and compensation policies

Clifford W. Smith, Ross L. Watts · Journal of Financial Economics · 1992 · 3.8K citations

Payout Policy, Compensation Policies, Corporate Financing +6

DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES

John Lintner · 1956 · 3.5K citations

Ownership Structure, Corporate Taxation, Corporate Tax +8