Cost of Equity and Dividend Policy

The economically justified amount of dividends is equal to the equity cost, assuming that investors use a dividend discounting model. The evaluation of the latter is an extremely difficult task. It is possible to do this within modern capital structure theory — Brusov-Filatova-Orekhova (BFO) — or wi...

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Bibliographic Details
Main Authors: P. N. Brusov, T. V. Filatova, V. L. Kulik
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2025-06-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/3702
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