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Author Topic: The Irrelevance of the MM Dividend Irrelevance Theorem (DeAngelo&DeAngelo, 2006)  (Read 3774 times)

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DeAngelo, H., DeAngelo, L., 2006, The Irrelevance of the MM Dividend Irrelevance Theorem. Journal of Financial Economics, 293-315.

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Contrary to Miller and Modigliani [1961. Dividend policy, growth, and the valuation of shares. Journal of Business 34, 411