Corporate self-financing and the theory of the business cycle

digital

Articolo

Rivista

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Fascicolo

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2013 - 3-4

Titolo

Corporate self-financing and the theory of the business cycle

Autore

Giancarlo Mazzocchi

Editore

Vita e Pensiero

Formato

Articolo |

Pdf

Online da

03-2014

Issn

0035-676X (stampa) | 1827-7918 (digitale)

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Descrizione Commenti dei lettori

Continuing the analysis of his own article published in RISS, 1954, 3, Giancarlo Mazzocchi focuses this contribution on Corporate Income Retention: 1915-1943 written by S.P. Dobrovolsky. He focuses on the relation between the wide fluctuations in net income and retained income, which generally conform with changes in overall economic conditions. The author discusses whether propensity to save – in large, medium-size, and small corporations – is more or less stable, and such as to justify its utilization in macroeconomic modelling; in this context he analyses the effect of dividend requirements on profit retention policy and highlight the importance of reliably processed data on corporate dividend policies.

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