The behavioral finance concept of self-control is an argument in favor of:

Question

Quizplus · Accepted Answer

The behavioral finance concept of self-control suggests that investors have a tendency to spend money on immediate gratification, rather than saving it for future needs or investment opportunities. Therefore, high cash dividends are more likely to appeal to investors who value self-control as they provide a regular, tangible reward for holding a stock long-term. Lower cash dividends, stock splits, and reverse stock splits do not directly address the issue of self-control. Stock dividends may provide a similar appeal as high cash dividends, but they do not provide immediate cash in the same way.

The Behavioral Finance Concept of Self-Control Is an Argument in Favor