Some people argue that shareholders can diversify their stockholdings and that there is no need for corporate

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Some people argue that shareholders can diversify their stockholdings and that there is no need for corporate diversification to reduce risk. The upshot is that any excess earnings (known as free cash flows) should be returned to shareholders as dividends. Do you agree or disagree with this statement? Why?

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Global Strategy

ISBN: 9780357512364

5th Edition

Authors: Mike W. Peng

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