Title :
The study on the dividend problem of companies based on the controlled feedback process
Author :
Zhang, Wei ; Liu, Zaiming
Author_Institution :
Sch. of Math. & Comput. Technol., Central South Univ., Changsha, China
Abstract :
The dividend problem is one of the principal problems in corporate governance. Taking a thorough and broad study on the dividend problem has important theory and practical value. In this paper the assets process of the corporation is assumed to be a stochastic process. Based on the introduction of controlled feedback process, a new idea in the dividend problem is given.
Keywords :
feedback; financial management; stochastic processes; company dividend problem; controlled feedback process; corporate governance; corporation asset process; stochastic process; Calculus; Computational modeling; Computers; Finance; Process control; Stochastic processes; controlled feedback process; corporate governance; dividend; stochastic process;
Conference_Titel :
Computer Science and Service System (CSSS), 2011 International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-9762-1
DOI :
10.1109/CSSS.2011.5974425
