Question
According to the dividend signallinghypothesis, firms smooth their dividends in order to maintain consistent cash flows and thus increase investor confidence in the firm.
According to the dividend signallinghypothesis, firms smooth their dividends in order to maintain consistent cash flows and thus increase investor confidence in the firm.
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
13th Edition
978-0134083308, 013408330X
