BUSINESS FINANCE II (İŞLETME FİNANSI II) - (İNGİLİZCE) Dersi Payout (Dividend) Policy soru detayı:

CEVAP:

Conflicts of interests that exist between the company’s managers and shareholders arise due to the separation of ownership and control. The recognition of this potential agency costs can be overcome with dividend payout policies that are set by managers. Managers generally pursue company policies that benefit themselves at the expense of minority shareholders, by retaining cash flow rather than pay it out to shareholders.