Amanda has been a shareholder of Les Masques et les Plumes Inc. since 2004. She holds 1,000
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Amanda has been a shareholder of Les Masques et les Plumes Inc. since 2004. She holds 1,000 Class A ordinary shares. Despite record profits, the directors, Rayane, Karina and Carlos have not declared dividends since 2017. Amanda is exceeds and wishes to force the directors to declare a dividend for the year 2020.
Can Amanda actually force the board to declare and pay a dividend for 2020? Answer yes or no and explain why?
Related Book For
Principles of Managerial Finance
ISBN: 978-0134476315
15th edition
Authors: Chad J. Zutter, Scott B. Smart
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