5Michael Rozeff, how"Companies Set Their Dividend Payout Ratios" Chase Financial quarterly, winter 1982; 1 Michael Rozeff"Growth, Beta, and Agency Cost as Determinants of Dividend Payout", Journal of Financial Research, fall 1982, pp.249-259.
6Easterbrook,F.H.,"Two agency-cost explanations of dividends", American Economics Reviews, 74(4), September 1984, pp.650-659.