The author cites a global study by Servaes and Tufano from 2006 which shows ________ as the dividend policy preferred by the vast majority (76%)of the firms surveyed.
A)a specific percentage amount
B)a specific target amount
C)a specific growth amount
D)no specific policy

Question

Quizplus · Accepted Answer

The correct answer is B) a specific target amount, as the study by Servaes and Tufano found that the majority of firms surveyed prefer to aim for a specific target amount when it comes to their dividend policy.

The Author Cites a Global Study by Servaes and Tufano