Boehm, Thomas P.; DeGennaro, Ramon P. - In: Managerial and Decision Economics 32 (2011) 4, pp. 215-229
We use a discrete choice recursive model to classify companies with and without dividend reinvestment plans (DRIPs). Our model classifies 72.0% of companies correctly. We interpret misclassified companies as being likely to switch their plan status. For example, if financial data erroneously...