Question
Assuming you were newly appointed as the Chief Finance Officer (CFO) of a listed company, in which majority of shares are held by Mr Peter
Assuming you were newly appointed as the Chief Finance Officer (CFO) of a listed company, in which majority of shares are held by Mr Peter Chan (a reputable businessman in HK for 30 years) and his family; and 6 out 7 of directors are from Chans family, you are drafting the financial statements for the year. What would you expect them about the earning pattern and dividend policy they like most? It is also observed that the remunerations of directors are moderate.
(Hint: firstly discussion should include the earning pattern with reason(s), then dividend policy)
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