Busıness Fınance Iı Deneme Sınavı Sorusu #999372

Which of the following theories states that a company’s dividend policy has no effect on whether its value or its cost of capital?


The bird-in-the-hand theory


The dividend irrelevance theory

The signaling effect theory


The clientele effect


The tax preference theory


Yanıt Açıklaması:

The dividend irrelevance theory states that a company’s dividend policy has no effect on whether its value or its cost of capital.

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