LEVERAGE, DIVIDEND POLICY, AND THE COST OF CAPITAL

Abstract

The Journal of FinanceVolume 23, Issue 1 p. 85-103 Article LEVERAGE, DIVIDEND POLICY, AND THE COST OF CAPITAL Eugene F. Brigham, Eugene F. BrighamSearch for more papers by this authorMyron J. Gordon, Myron J. GordonThe authors are Professor of Finance, U.C.L.A. and Professor of Business Administration, University of Rochester. The paper was completed while the latter was a visiting professor at the University of California, Berkeley. The research was supported in part by a grant from the Ford Foundation, administered thorugh the Center for Research in Management Science, University of California, Berkeley, and in part by the Bureau of Business and Economic Research, UCLA. The authors are indebted to Gary Brewer, Andrew Chen, Frank Roebuck, and Leonard Sachs for assistance in data collection and programming.Search for more papers by this author Eugene F. Brigham, Eugene F. BrighamSearch for more papers by this authorMyron J. Gordon, Myron J. GordonThe authors are Professor of Finance, U.C.L.A. and Professor of Business Administration, University of Rochester. The paper was completed while the latter was a visiting professor at the University of California, Berkeley. The research was supported in part by a grant from the Ford Foundation, administered thorugh the Center for Research in Management Science, University of California, Berkeley, and in part by the Bureau of Business and Economic Research, UCLA. The authors are indebted to Gary Brewer, Andrew Chen, Frank Roebuck, and Leonard Sachs for assistance in data collection and programming.Search for more papers by this author First published: March 1968 https://doi.org/10.1111/j.1540-6261.1968.tb02999.xCitations: 32 Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinkedInRedditWechat Citing Literature Volume23, Issue1March 1968Pages 85-103 RelatedInformation