Question
As the firm's financial manager, would you recommend to the board of directors that the firm adopt as policy a stable dividend payment per share
As the firm's financial manager, would you recommend to the board of directors that the firm adopt as policy a stable dividend payment per share or a stable dividend-payout ratio?
What are the disadvantages of each? Would the firm's industry influence your decision? Why?
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
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