Dividend policy changes are decided and announced by
A)the managers of a firm.
B)the government.
C)the board of directors.
D)the managers of a firm and the government.

Question

Quizplus · Accepted Answer

Dividend policy changes are typically decided and announced by the board of directors of a company, who are responsible for setting the overall strategy and direction of the company. While managers may provide input and recommendations, the ultimate decision rests with the board. The government generally does not play a direct role in setting a company's dividend policy.

Dividend Policy Changes Are Decided and Announced by