A closely-held company whose owners are trying to maintain control would be less likely to pay dividends so that all earnings may be retained to finance future growth.
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Q1: Because of the overriding importance of cash
Q2: The information effect suggests dividend policy matters
Q3: A firm's dividend policy includes two basic
Q5: According to the expectations theory,the actual dividend
Q6: When Firm X makes the decision to
Q7: Analysis of dividend policy begins with the
Q8: Corporations distribute cash back to their owners
Q9: A fast-growing company with many high net
Q10: In order to maximize shareholder value,a corporation
Q11: One potential rationale for paying dividends is
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