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With regard to dividend policy, managements _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
With regard to dividend policy, managements
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prefer to increase dividends because it reduces investor voting power
will only ever issue a dividend if they feel that the firm can increase the dividend by a large amount in the future
primarily push for not increasing dividends because it means less money staying in the firm
are often reluctant to reduce dividends because reductions may be viewed as indicating financial weakness
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