Evaluate a management?s fiduciary responsibility regarding the distribution of Net Income to dividends and/or retained earnings. Describe scenarios both pro and con for leaving money in retained earnings, and paying it out in dividends as it relates to the direct impact on individual investors. Assess the impact of the media and of ownership by institutional investors for each of the management's decision options.

Requirements:

Write a 1,000-1,250-word paper (excluding the title page and references). Support your evaluation with at least three scholarly or professional journal articles written within the last five years in the United States of America (cited in APA format). Include an introduction and conclusion.

WRITING ASSIGNMENT GRADING RUBRIC A B C D Outstanding Good Average Below Average 75% Possible Assignment Objectives Comprehension 15% Possible Writing Mechanics Delivery 67.5% - 75.0% Paper demonstrates conceptual understanding, presents arguments, defends rationale, and integrates multiple viewpoints for each assignment objective with exceptional support from at least three reputable sources (other than course text or materials) and incorporates a real world application. Comments: 13.5% - 15.0% Paper has a clear and specific thesis, focuses on relevant and specific ideas using smooth and logical transitions, excellent writing voice, flawless grammar, and correct spelling. 60.0% - 67.4% Paper demonstrates conceptual understanding, presents arguments, defends rationale, and integrates multiple viewpoints for each assignment objective with strong support from at least two reputable sources (other than course text or materials). 12.0% - 13.4% Paper has a clear and specific thesis, focuses on relevant and specific ideas using smooth and logical transitions, strong writing voice, with only a few minor grammatical or spelling errors. 52.5% - 59.9% 45.0% - 52.4% Paper demonstrates conceptual understanding, presents arguments, defends rationale, and integrates multiple viewpoints for each assignment objective with adequate support from at least two reputable sources (other than course text or materials). Paper may not meet word count minimum or may demonstrate partial conceptual understanding, or presentation of arguments and defense of rationale have inadequate support from reputable sources (other than course text or materials). 10.5% - 11.9% Paper has a clear and specific thesis, focuses on relevant and specific ideas but may lack consistent organization and have distracting writing traits, noticeable grammatical errors and incorrect spelling. F Unacceptable 0 Demonstrates little effort or understanding of concepts. 9.0% - 10.4% Paper does not focus on a single idea, falls short of expected SCPS writing competencies, ideas are masked by a saturation of grammatical errors or incorrect spelling. 0 Paper lacks a unifying claim or idea, shows little effort, or is incomplete. Comments: 10% Possible APA Formatting Clarity 9.0% - 10.0% Paper is formatted correctly according to APA standards using a title page, in-text citations, introduction, major section headings for each assignment objective, conclusion, and a reference page. 8.0% - 8.9% Paper has only a few minor APA formatting errors and provides a title page, in-text citations, introduction, major section headings for each assignment objective, conclusion, and a reference page. 7.0% - 7.9% Paper has several APA formatting errors but provides a title page, in-text citations, introduction, major section headings for each assignment objective, conclusion, and a reference page. 6.0% - 6.9% 0 Paper is saturated Paper is not in APA with APA formatting format and/or fails errors and may not to cite sources. provide a title page, in-text citations, introduction, major section headings for each assignment objective, conclusion, or a reference page. Comments: Total Percentage __________ x Assignment Value __________ = Score __________