SCRIP

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Related to scrip dividends: scrip issues

SCRIP

Cardiology A clinical trial–Stanford Coronary Risk Intervention Project that studied the effect of intensive multiple risk factor reduction on M&M and prevention of new atherosclerotic lesions in Pts with moderate CAD. See Coronary artery disease.
References in periodicals archive ?
Moreover, if firms in financial distress issue scrip dividends, their capacity to raise external finance should be lower -- and their leverage higher -- than that of control firms.
The market reaction to scrip dividends depends on investors' perception of the costs and benefits of this option.
Scrip dividends that are offered in the United Kingdom during the six-year period from 1987 to 1992 comprise the sample.
In this case, managers are likely to issue scrip dividends and to encourage all shareholders to opt for scrip rather than cash dividends.
Scrip dividends can also provide issuing firms with several other benefits.
Retaining cash by using scrip dividends avoids increased monitoring and may convey less negative information to the market.
In sum, the UK imputation system encourages firms to pay scrip dividends.
In contrast, domestic tax-paying individual investors are able to claim the tax credit on scrip dividends.
Under the current UK tax system,(4) the tax credit on scrip dividends cannot be claimed by corporate investors or by individuals who have reliefs and allowances in excess of their income tax.
Under the classical system of corporation tax, the taxation of dividends at the firm and shareholder levels is not linked, and scrip dividends, like stock dividends in the US, are a cosmetic financial manipulation with no effect on the firm and its shareholders (e.