Dividend and Refinancing Policies for Development and Operation of Companies

Document Type : Original Article


Department of Management, Faculty of Humanities, Islamic Azad University Shiraz Branch, Iran


Two significant elements of the development and operation of companies are dividend and refinancing policies. Recently, the researchers pay more attentions to the policies of refinancing and dividend of listed companies. This paper reviewed the findings of previous researches about refinance, dividend distribution and refinancing and dividend distribution.