How does the life cycle of a company help explain dividend payments? What evidence is there to

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How does the life cycle of a company help explain dividend payments? What evidence is there to suggest that the company’s life cycle, at least in part, explains dividend payments?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Corporate Finance Core Principles and Applications

ISBN: 978-0077905200

3rd edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford

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