ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Dividends and Stock Prices-The Indian Experience

The Indian Experience Sankar De This paper presents the results of an empirical investigation, in the Indian context, into one of the mast prominent hypotheses concerning corporate dividend policy, viz, that the marginal investor is, in some sense, indifferent between dividend yields and capital appreciation through retained earnings.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top