Richard Fairchild receives 'Highly Commended' in Emerald Literati Awards
Richard’s paper, ‘Dividend policy signalling and free cashflow: An integrated approach’, was published in Managerial Finance.
It has been argued that our understanding of dividend policy is hindered by the lack of a model that integrates the signalling hypothesis and the free cash-flow hypothesis. In his paper, Richard addresses this by developing a theoretical dividend model that combines these motives, shedding light on the complex relationship between dividend policy, managerial incentives and firm value.
The award winning papers were chosen following consultation amongst the journal’s Editorial Team, many of whom are eminent academics or managers. Richard’s paper was selected as it was one of the most impressive pieces of work the team had seen throughout 2010.
Notes to Editors
Dr Richard Fairchild is Lecturer in Corporate Finance at the School of Management.
His key research interests are:Behavioural Corporate Finance; Venture Capital Contracting and Performance; Applications of Game-theoretic tools to Corporate Finance Decision-Making; the effects of agency problems and asymmetric information on corporate capital structure. For more information, visit Richard’s Faculty Page
Emerald and the European Foundation for Management Development (EFMD) is a global membership organisation with more than 700 institutional members from academia, business and public services.
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General Notes For Editors:
The University of Bath School of Management has consistently achieved both top research and teaching ratings in the UK's Higher Education Funding Council for England (HEFCE) assessments. In the 2008 Research Assessment Exercise (RAE), the School was rated 5th in the UK for management research.
We are one of a select number of international business schools accredited by EQUIS, the European Foundation for Management Development's quality inspectorate and the Bath MBA has been accredited by the Association of MBAs (AMBA) since 1976. The School is consistently ranked among the top UK business schools by The Times, The Sunday Times, The Financial Times and The Guardian.
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The School of Management has a faculty of around 90 teaching and research staff, including visiting academics, with a support team of around 70 managerial and administrative staff. Research income averages £2 million per annum. There are approximately 2,100 students in total comprising some 200 MBA students, 460 Master’s students, 210 full- and part-time research students, and over 1100 undergraduates following BSc degrees. The School also runs joint undergraduate programmes with Departments in the Faculties of Engineering and Design, Science and Humanities and Social Sciences.