Publications

Read Now

December 2001
Article

Repatriation Taxes and Dividend Distortions

By: Mihir A. Desai, C. Fritz Foley and James R. Hines Jr.

Keywords: Taxation; Profit

Read Now

December 1999 (Revised August 2000)
Case

Superior Printing

By: Paul W. Marshall

Students must take the role of a family member who is the CEO of a commercial printing business. Discusses how you will finance growth and still maintain dividends for other family members. View Details

Keywords: Family Business; Business Growth and Maturation; Investment Return; Corporate Finance

August 1998
Case

General Motors Corp. (D),The : 1993-1996

By: Peter Tufano

The fourth in a four-part series, the case details the financial policies and practices at General Motors from 1990 to 1996. This case describes the set of financial decisions taken by the firm as its business recovered, and focuses on an immediate decision faced by... View Details

Keywords: Corporate Finance; Auto Industry; United States

February 1996 (Revised November 1998)
Case

Brown Group, Inc.--The Dividend Decision

By: Joseph L. Bower

Keywords: Corporate Strategy; Restructuring; Investment Return

January 1996
Teaching Note

Dividend Policy at FPL Group, Inc. (A) and (B) TN

By: Benjamin C. Esty

Teaching Note for (9-295-059) and (9-295-106). View Details

Keywords: Utilities Industry; Energy Industry; Florida

March 1995 (Revised December 1995)
Case

Dividend Policy at FPL Group, Inc. (A)

By: Benjamin C. Esty and Craig F Schreiber

A Wall Street analyst has just learned that FPL (the holding company for Florida's largest electric utility) may cut its dividend in several days despite a 47-year streak of consecutive dividend increases. In response to the deregulation of the electric utility... View Details

Keywords: Investment Return; Corporate Strategy; Policy; Competitive Strategy; Financial Strategy; Fluctuation; Energy Sources; Emerging Markets; Utilities Industry; Energy Industry; Florida

March 1995 (Revised November 1995)
Supplement

Dividend Policy at FPL Group, Inc. (B)

By: Benjamin C. Esty and Craig F Schreiber

FPL's dividend policy and the reaction of the financial markets are examined. View Details

Keywords: Earnings Management; Stocks; Financial Markets

December 1993 (Revised April 2006)
Case

Marriott Corporation (A)

By: Lynn S. Paine and Charles A. Nichols

Marriott Corp.'s chairman and CEO must decide whether to recommend a restructuring of the company to the board of directors. The proposal he is considering would split the Marriott Corp., a premier hotel developer, owner, and manager, into two separate companies by a... View Details

Keywords: Business or Company Management; Restructuring; Governing and Advisory Boards; Decision Making; Ethics; Management Teams; Business and Shareholder Relations; Accommodations Industry

December 1993
Case

Severn Trent Water (B): Reaping the Technology Dividend

By: F. Warren McFarlan and Chris L Marshall

Keywords: Information Technology

May 1993 (Revised October 1993)
Case

Wesfarmers Limited.: The Dividend Decision

By: Dwight B. Crane

Keywords: Stocks; Decision Making

January 1993
Article

Complementarity of Prior Accounting Information: The Case of Stock Dividend Announcements

By: R. Banker, S. Das and S. Datar

Keywords: Accounting; Stocks; Business and Shareholder Relations

February 1992 (Revised March 1993)
Case

Intel Corp.--1992

By: Kenneth A. Froot

Intel Corp., the world's dominant designer and manufacturer of microprocessors (the "brains" of the personal computer), has accumulated a large amount of cash (net of debt). Furthermore, it expects to continue to accumulate cash at an unprecedented rate. Has the... View Details

Keywords: Dividends; Financial Management; Competition; Multinational Firms and Management; Cash; Technological Innovation; Capital Structure; Investment Return; Equity; Financial Strategy; Corporate Finance; Semiconductor Industry; United States

January 1990
Article

Effectiveness of Accounting-Based Dividend Covenants

By: Paul M. Healy and Krishna G. Palepu

Keywords: Accounting; Money

Article

Dividend Decisions and Earnings

By: Paul M. Healy and Franco Modigliani

Keywords: Stocks; Finance

September 1988
Article

Earnings Information Conveyed by Dividend Initiations and Omissions

By: Paul M. Healy and Krishna G. Palepu

Keywords: Information; Money; Business and Shareholder Relations; Business Earnings