Woolridge, J. Randall, and Chinmoy Ghosh, “Dividend
Cuts: Do They Always Signal Bad News?” Midland Cor-
porate Finance Journal,Summer 1985, 20–32.
The following cases in the Cases in Financial Management
series focus on the issues contained in this chapter:
Case 19, “Georgia Atlantic Company,” Case 19A, “Floral
Fragrance, Inc.,” Case 19B, “Cook Transportation, Inc.,”
and Case 20, “Bessemer Steel Products, Inc.,” which il-
lustrate the dividend policy decision. Case 60, “Consoli-
dated Electric,” is a longer and more comprehensive case
on dividend policy.
542 CHAPTER 14 Distributions to Shareholders: Dividends and Repurchases
538 Distributions to Shareholders: Dividends and Repurchases
