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    • Why Firms Begin Paying Dividends: Value, Growth and Life Cycle Effects 

      Weigand, Robert A.; Fargher, Neil L. (Washburn University. School of Business, 2006-08-1)
      We investigate the signaling, agency and risk explanations for dividends within the context of the life cycle hypothesis, which proposes dividend initiation conveys information about firms' transition to a slower growth, ...