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pompa pompa
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8 years ago
The residual theory of dividends, as espoused by Modigliani and Miller, suggests that dividends represent an earnings residual rather than an active decision variable that affects firm value; this means that a firm's decision to pay dividends or not will not have any impact on a firm's share price.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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alovelyalovely
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8 years ago
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pompa Author
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8 years ago
Thanks for your help!!
dedricgard
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Yesterday
Brilliant ツ
Ivansitospeed@g
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2 hours ago
Thanks
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