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作者:Julia D’Souza , John Jacob , Veronda F. Willis
来源:[J].International Journal of Business Administration, 2015, Vol.6 (2)Sciedu出版社
摘要:This paper investigates changes in electric utilities’ dividend policies following the onset of deregulation. Consistent with the theory of dividend clienteles, we find that utilities continue to pay high dividends after the onset of deregulation. Under a regulated regime, w...

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