Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Empirical evidence shows that over the last few decades a larger proportion of firms have used for payouts. Initial public offerings Stock splits Share repurchases

image text in transcribedimage text in transcribed

Empirical evidence shows that over the last few decades a larger proportion of firms have used for payouts. Initial public offerings Stock splits Share repurchases Cash dividends Based on the clientele effect of the payout policy, firms should favor stock repurchase over cash dividends if their shareholders are long-term investors who prefers future income. True False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions