Douglas J. Skinner

• [2025 JFE] 现金为什么一定要「还」出去？——四十年后，重读 Jensen 的自由现金流Agency Cost of Free Cash Flow, Capital Allocation, and PayoutsJun 2026
• [2004 JFE] 股利没有消失，它只是「搬」进了二十几家巨头的口袋Are Dividends Disappearing? Dividend Concentration and the Consolidation of EarningsJun 2026
• [1989 JFE] 期权上市那天，股票反而「安静」了Options Markets and Stock Return VolatilityJun 2026